The S&P 500 added 0.4% on Wednesday, Nov. 22, 2023, heading into the Thanksgiving break with a bounce back after its five-day winning streak ended Tuesday.  ( 1 min )

U.S. equities rallied back from Tuesday's declines at midday on Wednesday, Nov. 22, 2023 ahead of the Thanksgiving holiday.  ( 1 min )

Oil prices sank 5% Wednesday morning after OPEC+ delayed a meeting scheduled for this weekend to Nov. 30.  ( 1 min )

Stock futures were up in premarket trading on Wednesday as Treasury yields dipped and oil prices slumped at the start of this week's last full day of trading.  ( 1 min )

ChatGPT maker OpenAI said Sam Altman will return as CEO and Nvidia reported big jumps in earnings and revenue on the back of strong data center sales. Here’s what investors need to know today.  ( 1 min )

The price of gold broke the $2,000 per ounce mark Tuesday afternoon, the highest price since May, as investors sought a "safe haven" amid turmoil in the cryptocurrency world.  ( 1 min )

The benefits of rolling over your 401(k) into an IRA when you change jobs can include more investment choices, lower fees, and greater control over your money.  ( 29 min )

Understand how dental insurance works and find out what to look for when comparing policies.  ( 25 min )

Before signing up for dental insurance, make sure it will cover what you need while avoiding unexpected expenses. Here are four key factors to investigate.  ( 25 min )

IRS Form 4868 allows taxpayers to apply for a six-month extension beyond the tax filing deadline.  ( 25 min )

Today's best nationwide CD rates include 6.00% from Securityplus Federal Credit Union and 5.80% from Seattle Bank, with a top rate of 5.85% available on the leading jumbo CD.  ( 20 min )

The unified tax provides a set amount you can gift to family and friends during your lifetime and upon death before gift and estate taxes apply.  ( 27 min )

The S&P 500 added 0.4% on Wednesday, Nov. 22, 2023, heading into the Thanksgiving break with a bounce back after its five-day winning streak ended Tuesday.  ( 17 min )

The term tax relief refers to various programs that help individuals and businesses lower their tax bills and settle their tax-related debts.  ( 31 min )

While food inflation has hit household budgets hard over the last few years, the picture is much better if you look at it over the long run.  ( 18 min )

Broadcom finally completed its $69 billion acquisition of VMware following approval by Chinese regulators.  ( 17 min )

Nordstrom warned that it was seeing "uncertainty and softening" in consumer spending, and shares declined.  ( 17 min )

The IRS says that you can roll a 403(b) plan into a 401(k) plan, or vice-versa, provided your employer permits it.  ( 24 min )

Are U.S. consumers able to keep up the spending spree that’s propped up the economy and prevented a long-anticipated recession? The Black Friday holiday shopping weekend could shed light on that question.  ( 19 min )

Belying more optimistic surveys, retailers in recent weeks have expressed modest holiday sales expectations amid a slowing U.S. economy.  ( 20 min )

HP's sales were hampered by a drop in demand, but the company suggested it anticipates artificial intelligence machines could be a key driver of growth next year.  ( 17 min )

To help you compare CDs, savings, and money market accounts, we research more than 200 financial institutions every business day to find the best rates. Here's the criteria we use.  ( 24 min )

There is a correlation between inflation and house prices — in fact, there are correlations between inflation and any goods with a limited supply.  ( 29 min )

Personal loan rates moved up to 21.76% this week, adding 19 basis points since last week when the average personal loan rate stood at 21.57%.  ( 19 min )

Find out why investors use the terminal value, why the terminal value is discounted to the present day, and how it relates to discounted cash flows.  ( 24 min )

The 1099 series of Internal Revenue Service (IRS) forms helps taxpayers report monies received, as long as they're above a certain threshold.  ( 28 min )

Start your marriage off right: Decide how you will set up your accounts, create a household budget, and don’t forget savings and retirement.  ( 26 min )

While some audits are random, many are triggered by taxpayer activity. These six red flags may grab the attention of IRS reviewers.  ( 24 min )

U.S. equities rallied back from Tuesday's declines at midday on Wednesday, Nov. 22, 2023 ahead of the Thanksgiving holiday.  ( 17 min )

Shares of Deere sank after its 2024 guidance fell short of estimates as high inflation and interest rates cut into demand.  ( 17 min )

Earnings before interest after taxes (EBIAT) is one of a number of financial measures used to evaluate a company's financial performance.  ( 22 min )

Oil prices sank 5% Wednesday morning after OPEC+ delayed a meeting scheduled for this weekend to Nov. 30.  ( 18 min )

Native Americans have been underrepresented in finance. Here are five people who have made an impact on investing for Native Americans.  ( 26 min )

Native-Americans are responsible for a long list of business successes, from well-known restaurant and retail chains to innovative startups.  ( 25 min )

Nvidia shares dropped after the chipmaker's earnings beat estimates amid concerns about the impact of restrictions on chip exports to China, but analysts say investors may be underestimating Nvidia's position in the artificial intelligence boom.  ( 18 min )

Here are five Native American chief executive officers (CEOs) who have had an impact on the world of business.  ( 25 min )

Kraken, a popular bitcoin change, launched cryptocurrency trading operations 2013.  ( 25 min )

Being married offers many tax benefits, including those for spouses who provide family support while their counterpart works at an income-producing job.  ( 26 min )

Binance is a cryptocurreny exchange that offers additional blockchain-specific services.  ( 27 min )

Binance Coin (BNB) is the native currency of the Binance exchange which follows the ERC 20 standard.  ( 26 min )

The expiration date of an option is the last day that an options or futures contract is valid.  ( 34 min )

American Express is more than just a popular credit card issuer; it offers competitive savings account rates, too. Learn more about saving money with Amex.  ( 21 min )

Most mortgage rates fell or were unchanged Tuesday, with the 30-year mortgage rate average losing 18 basis points to land at 7.69%, just one day after it jumped up 20 basis points.  ( 19 min )

Get the most out of contributing to your IRA by understanding how deductions and tax credits work and the limitations placed on them.  ( 27 min )

IRS Publication 557 details the rules and regulations that have to be followed by an organization in order to gain tax-exempt status.  ( 23 min )

Understand what the capital adequacy ratio is and why it is a very important metric of financial soundness for evaluating investments in banks.  ( 24 min )

InterNotes® are newly issued corporate bonds available to buy at par value distributed through broker-dealers by InspereX.  ( 23 min )

Money can be made on a stock without owning shares, but short selling carries potentially higher risk and isn't for inexperienced investors.  ( 27 min )

Chat GPT maker OpenAI said Sam Altman will return as its CEO with a restructured board, just days after the startup's board dismissed him and he was hired by Microsoft.  ( 18 min )

Bankruptcy is a legal proceeding for people or businesses that are unable to repay their outstanding debts.  ( 31 min )

ChatGPT maker OpenAI said Sam Altman will return as CEO and Nvidia reported big jumps in earnings and revenue on the back of strong data center sales. Here’s what investors need to know today.  ( 18 min )

You can invest in both a 403(b) and a 401(k) plan. However, the limit on your total annual contributions remains the same.  ( 26 min )

Inventory financing is a revolving line of credit or a short-term loan used primarily by small to medium-sized retail businesses to buy stock.  ( 26 min )

A dependent is a person who relies on you for their support. If you claim one or more dependents on your tax return, you may be eligible for certain tax credits.  ( 29 min )

Changpeng Zhao is the founder and former CEO of the world's largest cryptocurrency exchange, Binance. He resigned on Nov. 21, 2023 after pleading guilty to money laundering-related charges.  ( 24 min )

Savings accounts are bank or credit union accounts used to hold money temporarily, whereas a Roth IRA is a retirement account for long-term investing.  ( 25 min )

A qualified charitable organization is a nonprofit organization that qualifies for tax-exempt status according to the U.S. Treasury.  ( 24 min )

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When a market sector begins to see a pickup in insider buying, that's generally a positive sign, indicating that the sector is considered undervalued and showing signs of improving returns in the future. Insiders may sell stock for any number of reasons, but they almost always buy shares because they believe in the prospects of their company. Recently, insider purchases of real estate investment trusts (REITs) have been on the rise, as company officials sense share prices have stabilized and are  ( 36 min )

Nvidia still has a number of years of growth ahead of itself, according to analysts.  ( 37 min )

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In the ever-evolving landscape of retirement aspirations, Americans find themselves adjusting their financial targets for the golden years. The new magic number is $1.8 million, up from the previous benchmark of $1.7 million, According to the latest 401(k) Participant Study by Charles Schwab. But the study reveals a noteworthy paradox — while this ambitious goal is acknowledged, confidence levels among participants are not as high. Survey respondents said that accumulating $1.8 million in saving  ( 35 min )

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While the stock market has been recovering since the pullback last year, market volatility remains high as geopolitical tensions persist. The recent crisis in the Middle East has sparked concerns regarding broader regional instability. The weakening economy has caused investors to cause the November rally to halt, with the Dow Jones Industrial Average index declining marginally intraday on Tuesday. The National Retail Federation expects retail sales to grow at the slowest pace in the last five y  ( 36 min )

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New Constructs’ David Trainer warns that Nvidia’s stock is “priced for perfection” in a world where the ideal is a rarity at best.  ( 37 min )

Goldman Sachs is predicting good news for an electric vehicle market hit by lagging demand, with falling prices the key factor.  ( 36 min )

Shares of Nvidia slipped in early trading as investors considered the chip maker's blockbuster quarterly results. The shares stood about 3% lower in recent trading, making them among the worst performers on the S&  ( 23 min )

Sam Altman is returning to OpenAI but power at the artificial-intelligence startup is still set to be held by its board. Here's who's left and who's come in.  ( 28 min )

Dave Liniger on what will happen to real-estate commissions after the bombshell antitrust verdict: “I wish I could tell you; I have no idea.”  ( 35 min )

Deere reports fiscal fourth-quarter earnings of $8.26 a share from equipment sales of about $13.8 billion. Wall Street was looking for profit of $7.46 a share and sales of $13.6 billion.  ( 26 min )

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Broadcom on Wednesday closed its $69 billion acquisition of cloud-computing firm VMware after receiving regulatory approval in last major market China and ending a months-long saga. The deal, one of the biggest globally when announced in May 2022, was the latest in CEO Hock Tan's efforts to boost the chipmaker's software business. China's regulatory approval came through on Tuesday after ongoing tensions with the U.S. around tougher chip export control measures had stoked fears among some investors on the company's ability to close the deal before the Nov. 26 deadline.  ( 34 min )

"Can barely buy an AK-47 with 600 bucks," a Binance compliance staffer told his boss in 2019, per regulators.  ( 35 min )

AT&T director Stephen J. Luczo bought a large block of shares of the media and telecom firm.  ( 21 min )

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Is there any U.S. trading on Thursday? No. The New York Stock Exchange, Nasdaq Stock Market and U.S. bond markets will be closed for the Thanksgiving holiday. What about Black Friday? The NYSE and Nasdaq will close early, at 1 p.m. ET, on the Friday after Thanksgiving. Bond markets will a  ( 23 min )

Good news for American drivers ahead of Thanksgiving: Gasoline prices are down almost 10% from a year ago, according to AAA. Will they keep falling? That depends, in part, on how OPEC+ responds to the recent drop  ( 23 min )

(Bloomberg) -- US mortgage rates dropped sharply, capping the biggest four-week slide in nearly a year and spurring a fresh round of applications to purchase homes.Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnSam Altman Returns as OpenAI CEO in Chaotic Win for MicrosoftBinance Pleads Guilty, Loses CZ, Pays Fines to End Legal WoesNvidia Fails to Satisfy Lofty Investor Expectations for AI BoomMcKinsey and Its Peers Are Facing the Wildest Headwinds in  ( 33 min )

Analysts praised the earnings but voiced concerns over lost sales to China following U.S. restrictions on chip exports.  ( 23 min )

Deere reports fiscal fourth-quarter earnings of $8.26 a share from equipment sales of about $13.8 billion. Wall Street was looking for profit of $7.46 a share and sales of $13.6 billion.  ( 26 min )

Suppose you have $1 million in a Roth IRA and will receive $2,250 each month from Social Security when you become eligible for benefits. Would this be enough to allow you to retire at age 62? The answer to that question could be yes, but there’s a chance it may require you to live on […] The post I Have $1 Million in a Roth IRA and Will Receive $2,250 Monthly From Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAsset.  ( 36 min )

"I feel good but fully realize I am playing in extra innings," Buffett wrote.  ( 36 min )

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The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers, who see fiscal and monetary policies, next year's presidential election and recession fears as likely to start weighing on markets. Since late October, the S&P 500 has rallied roughly 10% and the Nasdaq has surged 13%, as investors increased bets that the Federal Reserve's tightening cycle is over after signs of cooling inflation and job growth and a better-than-expected third-quarter earnings season. Ten-year Treasury yields hit a 16-year high of 5.021% in late October, but have fallen back to 4.414%.  ( 36 min )

Historically, the S&P 500 tends to end Thanksgiving week in the green, and the bullish seasonals don't end there.  ( 36 min )

A one-size-fits-all policy may not only lead to legal repercussions but also overlook the diverse needs of a modern workforce.  ( 39 min )

Nvidia forecast overall revenue above Wall Street targets, but its shares fell 1% in premarket trading after the company said U.S. export curbs could lead to a steep drop in fourth-quarter sales in China. "A very high bar has been set for Nvidia and because of concerns about trade tensions, there is some element of worry creeping back," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. Big Tech stocks led a rebound in U.S. equities in November, with the S&P 500 coming within a whisker of its highest level this year, as signs of easing inflation boosted bets that the Fed was done with its interest rate hikes.  ( 34 min )

Enviva made a wager to buy pellets from a customer and resell them, but then prices fell.  ( 28 min )

An OPEC technical panel invited a top financial market dealer to give a presentation this week which painted a bearish outlook for the oil market, according to a presentation seen by Reuters. "Market sentiment had been fragmented for much of this year, but the evidence is that there has been a recent shift in collective sentiment to bearish as we head towards the end of the calendar year," one of the presentation slides by Onyx Capital Group showed.  ( 33 min )

(Bloomberg) -- Alibaba Group Holding Ltd. founder Jack Ma is walking back plans to trim his stake after the Chinese e-commerce heavyweight suffered its biggest selloff in more than a year last week.Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnBinance Pleads Guilty, Loses CZ, Pays Fines to End Legal WoesSam Altman Returns as OpenAI CEO in Chaotic Win for MicrosoftNvidia Fails to Satisfy Lofty Investor Expectations for AI BoomIsrael and Hamas Agree to  ( 34 min )

A top Alibaba executive told staff on Wednesday that it was a "coincidence" that a plan by former chief Jack Ma's family trust to sell some shares in firm was disclosed on the same day the firm scrapped its cloud unit's listing. In a move seen as an effort to quell ongoing unease within the e-commerce giant, Jiang Fang, an Alibaba partner and its chief talent officer, said in an post on the firm's intranet seen by Reuters that Ma's office had earlier this year made a plan to sell some shares to reinvest in agriculture and public welfare projects. Investors wiped some $20 billion off Alibaba's market value last Friday after the company abruptly scrapped plans to spin off its cloud and groceries businesses.  ( 35 min )

Now, the outcome could be frustrating for Microsoft. "Even though Microsoft benefits generously from ChatGPT's uprise, OpenAI remains a satellite unit, and integrating Altman in an internal MSFT team would've made sense."  ( 35 min )

Computer chip and software maker Broadcom has announced it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday. The company, based in San Jose, California, announced the plan after China joined the list of countries that had given a go-ahead for the acquisition.  ( 34 min )

Sam Altman is returning to OpenAI as chief executive. But what changes has Microsoft secured to improve its control of the artificial-intelligence start-up?  ( 21 min )

(Bloomberg) -- OpenAI will bring back Sam Altman and overhaul its board to bring on new directors including Larry Summers, a stunning reversal in a drama that’s transfixed Silicon Valley and the global AI industry.Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnBinance Pleads Guilty, Loses CZ, Pays Fines to End Legal WoesNvidia Fails to Satisfy Lofty Investor Expectations for AI BoomOpenAI in ‘Intense Discussions’ to Quell Potential MutinyHigher Intere  ( 37 min )

(Bloomberg) -- OpenAI will bring back Sam Altman and appoint new board members, after nearly all of its employees threatened to quit over his surprise ouster.Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnBinance Pleads Guilty, Loses CZ, Pays Fines to End Legal WoesNvidia Fails to Satisfy Lofty Investor Expectations for AI BoomOpenAI in ‘Intense Discussions’ to Quell Potential MutinyHigher Interest Rates Are Shattering Housing Dreams Around the WorldA  ( 34 min )

Sam Altman is returning to OpenAI as CEO following after his firing five days ago launched the company onto one of the wildest rollercoaster rides in tech history,  ( 33 min )

Microsoft’s quick reaction to OpenAI’s shake-up reframes the investment case for its already popular stock. Its footprint in artificial intelligence makes it seem undervalued.  ( 24 min )

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Being rich and being wealthy are often seen as being the same thing. After all, people who are rich or wealthy tend to have more assets and greater financial freedom than the typical person. In reality, there are some major … Continue reading → The post Key Differences Between Rich and Wealthy People appeared first on SmartAsset Blog.  ( 38 min )

I have $800,000 sitting in a money market account because I don't know what else to do with it. My hope was that I could put it in something that can yield around 4-5% growth. I also have $900,000 in my 401(k) that is sitting in minimal-risk accounts with Vanguard. I will be turning 62 […] The post Ask an Advisor: I’m 61 With $900k in My 401(k) and $800K Sitting in a Money Market Account. How Should I Invest? appeared first on SmartReads CMS - SmartAsset.  ( 35 min )

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(Bloomberg) -- One of the biggest losers from Chinese President Xi Jinping’s crackdown on the private sector has turned into a surprise stock-market winner after overhauling its business model.Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnBinance Pleads Guilty, Loses CZ, Pays Fines to End Legal WoesNvidia Fails to Satisfy Lofty Investor Expectations for AI BoomOpenAI in ‘Intense Discussions’ to Quell Potential MutinyHigher Interest Rates Are Shatteri  ( 35 min )

For investors seeking a solid return, few stock segments offer a better mix of risk, reward, and opportunity than healthcare stocks. While these stocks are known for their notoriously long product lead times and high overhead costs, they are also known for their ability to turn sharply on a new catalyst and generate strong returns. That dynamic is part and parcel of the biopharmaceutical research field. The biotech companies spend their capital and efforts – huge amounts of each – on the discove  ( 38 min )

Nvidia announced major jumps in revenue and net income in its latest earnings report amid the artificial intelligence boom, but the impact of export controls could hit certain markets.  ( 35 min )

Three of OpenAI's four directors don't actually work at the company, and yet they have total control over Sam Altman's fate.  ( 35 min )

Nordstrom warned that it was seeing "uncertainty and softening" in consumer spending, and shares declined.  ( 1 min )

Broadcom finally completed its $69 billion acquisition of VMware following approval by Chinese regulators.  ( 1 min )

HP's sales were hampered by a drop in demand, but the company suggested it anticipates artificial intelligence machines could be a key driver of growth next year.  ( 1 min )

De Britse regering stelt strengere eisen aan uitkeringen. Werklozen die na anderhalf jaar nog steeds geen baan hebben gevonden, moeten verplicht aan de slag.  ( 9 min )

Gemeenten willen stoppen met het inhuren van payrollarbeidskrachten. In plaats daarvan moeten ze zoveel mogelijk mensen in vaste dienst nemen. Dat is goedkoper, maar het is ook lastiger om op korte termijn vaste werknemers te vinden.  ( 9 min )

Niemand kijkt meer raar op van beeldbellen of een videovergadering. Zonder de komst van webcams was dit niet mogelijk geweest. Het begon dertig jaar geleden allemaal met beelden van een koffiepot.  ( 11 min )

Rabobank moet een boete van 26,6 miljoen euro betalen vanwege geheime afspraken met Deutsche Bank over de handel in staatsobligaties. De banken wisselden stiekem marktgevoelige informatie uit en stemden hun prijzen op elkaar af, oordeelt de Europese Commissie.  ( 10 min )

Het personeel dat op luchthavens de bagage in en uit het vliegtuig tilt, krijgt een forse loonsverhoging. Over twee jaar komt er gemiddeld 33 procent loon bij. Dat is een grotere salarisstijging dan waar vakbond FNV naar streefde.  ( 9 min )

Air France-KLM wordt deels eigenaar van de noodlijdende Scandinavische branchegenoot SAS. Een rechtbank in New York heeft een reddingsplan met daarin een investering van AF-KLM goedgekeurd.  ( 8 min )

In deze vierde aflevering duikt Jeroen Kraan de archieven in en doet hij een grote ontdekking. De provincie Noord-Holland heeft meer dan twee decennia lang toegestaan dat er te veel kankerverwekkende stoffen uit een fabriek van Tata Steel lekten.  ( 7 min )

Terroristische groeperingen hebben de afgelopen jaren transacties gedaan via Binance. Het grootste cryptoplatform ter wereld krijgt daarom een boete van omgerekend zo'n 4 miljard euro. Ook moet topman Changpeng Zhao het veld ruimen.  ( 9 min )

Sam Altman keert terug als topman van OpenAI. Het bestuur van het snel gegroeide bedrijf in kunstmatige intelligentie stuurde hem eind vorige week onverwachts weg. Nu zegt OpenAI met Altman een overeenkomst te hebben gesloten over zijn terugkeer.  ( 10 min )

Sam Altman keert terug als topman van OpenAI. Het bestuur van het snel gegroeide bedrijf in kunstmatige intelligentie stuurde hem eind vorige week onverwachts weg. Nu zegt OpenAI een overeenkomst te hebben gesloten met Altman over zijn terugkeer.  ( 9 min )

Tata Steel houdt zich nog altijd niet aan milieuafspraken die de staalfabriek en branchegenoten in 1992 maakten met de overheid. De metaalsector heeft de doelen voor onder meer fijnstof en stikstof nog steeds niet gehaald, blijkt uit onderzoek van NU.nl.  ( 14 min )

Maar liefst vijftien politieke partijen willen een einde maken aan kinderopvang in handen van commerciële partijen. Zij vrezen ervoor dat publiek geld in de diepe zakken van investeerders belandt. Experts zetten daar hun vraagtekens bij.  ( 11 min )

The tier 1 capital ratio is the ratio of a bank’s core tier 1 capital—its equity capital and disclosed reserves—to its total risk-weighted assets.  ( 25 min )

Teens can make money with a variety of job types like babysitting, lifeguarding, or lawn work. Now, teens have more opportunities to make money online as well.  ( 29 min )

The price of gold broke the $2,000 per ounce mark Tuesday afternoon, the highest price since May, as investors sought a "safe haven" amid turmoil in the cryptocurrency world.  ( 18 min )

Today's best nationwide CD rates are 6.00% from SecurityPlus Federal Credit Union, 5.88% from West Town Bank & Trust, and 5.80% from Seattle Bank.  ( 19 min )

Since starting to climb in early 2022, CD rates have surged to record levels in every major term. But with more Fed hikes looking unlikely, will rates max out in November?  ( 19 min )

Symbotic shares climbed over 40% Tuesday after the Walmart and Softbank-backed maker of AI-powered robotic warehouse systems reported record revenue as it improved margins and deployed new systems.  ( 18 min )

Ford is cutting back on its production plans for a Michigan battery plant as electric vehicle (EV) demand wanes.  ( 18 min )

The Low-Income Housing Tax Credit (LIHTC) provides an incentive for developers to build, buy, and refurbish housing for low-income taxpayers.  ( 23 min )

Withdrawals of earnings from a Roth IRA don’t count as income, but only if you follow the IRS rules.  ( 26 min )

Prices are down about 10% from a year ago at this time, as drivers in Texas and 10 other states are seeing average gas prices lower than $3 a gallon.  ( 17 min )

The S&P 500 lost 0.2% on Tuesday, Nov. 21, 2023, after several retailers warned that consumers are spending less.  ( 17 min )

The chipmaker, which controls the large majority of the AI chip market, seems set to continue to rise with a newly increased forecast through the end of the year.  ( 19 min )

The Markowitz efficient set is a portfolio with returns that are maximized for a given level of risk based on mean-variance portfolio construction.  ( 24 min )

Understand the benefits and the rules of converting your 401(k) to a Roth. You’ll owe taxes on the money now, but enjoy tax-free withdrawals later.  ( 23 min )

Rolling your 401(k) into an IRA when you switch jobs can offer you more investment options, lower investment fees, and greater control of your money.  ( 27 min )

Shares of Burlington Stores surged after posting stronger-than-expected earnings and comparable store sales, joining rival "off-price" retailers reporting inflation-weary shoppers are boosting business.  ( 17 min )

A mutual fund's dividends may include both stock dividends and bond interest. They can be reinvested or taken as income.  ( 26 min )

Overcontribution refers to any voluntary savings in a tax-deductible retirement plan that exceeds the maximum allowed contribution in a given period.  ( 24 min )

The world's largest crypto exchange, Binance, has been fined $4.3 billion and its CEO Changpeng Zhao has agreed to step down due to a lack of anti-money laundering compliance.  ( 18 min )

An inactivity fee is a sum charged to consumers who don't execute any transactions  ( 25 min )

A Roth 401(k) lets you save more for retirement now and take advantage of tax-free withdrawals later.  ( 27 min )

An overview of 10 of the biggest Real Estate Investment Trusts (REITs). They can be an attractive asset class because they offer hands-off access to the real estate sector. But they also come with risks.  ( 26 min )

Microsoft offered to hire any resigning employees of ChatGPT maker OpenAI after hiring former OpenAI CEO Sam Altman, amid a shortage of artificial intelligence talent.  ( 19 min )

If you're 45 to 54 years old, retirement planning is likely on your mind. Now is the time to kick your retirement savings into high gear.  ( 26 min )

Based on cost of living, tax burden, and average resident age, the Investopedia Retirement Index found that Tennessee is the most highly recommended state for retirement, followed by Florida and then Wyoming.  ( 28 min )

Ex-dividend is a classification in stock trading that indicates when a declared dividend belongs to the seller rather than the buyer.  ( 26 min )

Learn how to manage your finances so that making extra money actually equates to getting ahead.  ( 26 min )

U.S. equities lost ground at midday on Tuesday, Nov. 21, 2023 as several retailers warned about consumer demand heading into the key holiday shopping period.  ( 17 min )

After taking just a one-day pause, 30-year mortgage rates are back to moving in big swings, adding a bold 20 basis points Monday. Most other averages climbed as well.  ( 19 min )

A look at the average cost of winter holiday spending for an American this year, and the areas with the highest and lowest holiday sales in the past.  ( 25 min )

Use this checklist to determine IRA eligibility and contribution amounts and methods to grow your retirement account.  ( 25 min )

Best Buy shares fell after it missed revenue expectations and slashed its full-year guidance on a pullback in consumer spending.  ( 17 min )

It can be tough for freelancers to save for retirement, so here’s a step-by-step guide to setting up a retirement plan for the self-employed.  ( 30 min )

Lowe's missed quarterly sales estimates and cut its forecast as consumers pulled back on spending for DIY projects, sending shares lower.  ( 17 min )

Tax-advantaged refers to any type of investment, account, or plan that is either exempt from taxation, tax-deferred, or offers other types of tax benefits.  ( 25 min )

A Roth 401(k), unlike a traditional 401(k), allows for tax-free withdrawals in retirement.  ( 25 min )

In its second action against Kraken this year, the U.S. Securities and Exchange Commission sued the company for operating an unregistered securities exchange and allegedly mixing customer funds with its own.  ( 18 min )

High mortgage rates worsened the housing market’s gridlock in October, pushing the pace of home sales down to its lowest in more than a decade.  ( 18 min )

A flat tax system applies the same tax rate to all taxpayers regardless of their income bracket.  ( 24 min )

Applying for a golden visa, a type of residency-by-investment program, varies by country but typically includes a significant investment in real estate or government bonds followed by a vetting process and payment of fees. The reward is the ability to travel, live, and even obtain citizenship in the host country.  ( 30 min )

A Roth 401(k) is an employer-sponsored retirement savings account that is funded with post-tax money. Withdrawals in retirement are tax-free.  ( 30 min )

Individuals in a tight spot financially can turn to 401(k) loans, where they can borrow $50,000 or 50% of the total amount of the 401(k), whichever is greater.  ( 25 min )

Depending on your 401(k) plan, contributions may be matched by an employer in a number of ways.  ( 27 min )

Microsoft shares edged higher in pre-market trading after hitting a record high on Monday as OpenAI employees threatened to follow former OpenAI CEO Sam Altman to Microsoft, and Zoom reported better-than-expected earnings on improved growth from its larger customers. Here’s what investors need to know today.  ( 18 min )

An employee savings plan (ESP) is an employer-sponsored tax-deferred account, funded with contributions and typically used to save for retirement.  ( 25 min )

A SBO 401(k) is a tax-deferred, government-registered retirement savings plan for small business owners.  ( 23 min )

To lower your taxable income and tax bill, make sure that you're taking all of the exemptions that apply to you. They're found in federal, state, and local tax codes.  ( 26 min )

The vast majority of VMware shareholders (ticker: VMW) will get a windfall thanks to the run-up in Broadcom stock (AVGO) since the deal was announced.  ( 30 min )

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Today's best nationwide CD rates are 6.00% from SecurityPlus Federal Credit Union, 5.88% from West Town Bank & Trust, and 5.80% from Seattle Bank.  ( 21 min )

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Symbotic shares climbed over 40% Tuesday after the Walmart and Softbank-backed maker of AI-powered robotic warehouse systems reported record revenue as it improved margins and deployed new systems.  ( 19 min )

Since starting to climb in early 2022, CD rates have surged to record levels in every major term. But with more Fed hikes looking unlikely, will rates max out in November?  ( 21 min )

(Bloomberg) -- Nvidia Corp. investors gave a cool reaction to its latest quarterly report, which blew past average analysts’ estimates but failed to satisfy the loftier expectations of shareholders betting on an artificial intelligence boom.Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnOpenAI in ‘Intense Discussions’ to Quell Potential MutinyBinance and CEO Plead Guilty, Agree to Pay Billions in FinesCitigroup Cuts Over 300 Senior Manager Roles in La  ( 35 min )

A $4.3 billion pact between Binance and US authorities represents the most high-profile crypto crackdown since the arrest of FTX founder Sam Bankman-Fried in 2022.  ( 38 min )

Nvidia's stock reached a record high ahead of the company's earnings report Tuesday after the bell.  ( 35 min )

OpenAI's board of directors has been under pressure following its decision to oust CEO Sam Altman from the artificial intelligence firm and is reportedly in talks to reinstate him.  ( 35 min )

Altria stock (NYSE:MO) boasts a hefty 9.6% dividend yield, making its investment appeal stronger than ever. Despite ever-persistent concerns surrounding the tobacco industry and rising interest rates, the U.S.-based tobacco giant consistently delivers solid results, sustaining its hefty dividend and its everlasting growth. In the meantime, the current near-record-high yield not only provides substantial returns but also establishes a considerable margin of safety. Hence, I am bullish on this sto  ( 36 min )

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A surefire bullish signal is flashing for SHOP  ( 34 min )

Existing home sales dropped 14.6% in October on a year-over-year basis—a new 13-year low.  ( 34 min )

Tax agency also said it will boost the reporting threshold to $5,000, from $600, in 2024 as it phases in the new regulation.  ( 34 min )

(Bloomberg) -- Binance Holdings Ltd. and its Chief Executive Officer Changpeng Zhao agreed to plead guilty to criminal and civil charges under a deal worked out with the Justice Department, according to the Wall Street Journal.Most Read from BloombergOpenAI in ‘Intense Discussions’ to Quell Potential MutinyCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitThe Doomed Mission Behind Sam Altman’s Shock Ous  ( 33 min )

The former IBM CEO coined the term “new-collar jobs” a decade ago. Now she says skills-first is more apt—and it’s all the rage.  ( 36 min )

American entrepreneur and businessman Robert Kiyosaki is a vocal opponent of the Biden Administration’s policies. During an interview on the Finance with Sharan podcast, he said, “America is going to be the poorest country in the world, starting now.” Kiyosaki, the author of “Rich Dad Poor Dad,” did the podcast interview while he was in India for Growth Summit India 2023 in September. He explained his visit to Mumbai while on this trip, saying, “I always go to slums. So this time, I went to the  ( 35 min )

Based on cost of living, tax burden, and average resident age, the Investopedia Retirement Index found that Tennessee is the most highly recommended state for retirement, followed by Florida and then Wyoming.  ( 28 min )

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Shares of data analytics company Palantir Technologies fall in midday trade, a blip in what has otherwise been months of sharp share-price gains, after the company won a contract with Britain's National Health Service to build a data platform. The announcement of the seven-year, $414 million contra  ( 16 min )

Rents have risen to 26% of median US household income from 23%, while the ratio of mortgage payments to income has increased to 32% from 19%.  ( 35 min )

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A report says Jeff Bezos, Amazon's founder, could be selling more stock of the e-commerce and tech company.  ( 20 min )

Bank stocks are up more than 13% over the first 14 trading days in November, the best start to a month since February 2021. They could have some momentum behind them.  ( 25 min )

(Reuters) -Forbes' parent company has called off its acquisition by Luminar Technologies CEO Austin Russell, as the billionaire could not come up with the financing, an internal Forbes memo seen by Reuters on Tuesday showed. Earlier this year, the automotive technology executive had agreed to acquire 82% of Forbes in a deal valuing the business news publisher at nearly $800 million, including the remaining portion of the company owned by the Forbes family. Forbes Media CEO Mike Federle told staff the cancellation will not affect day-to-day operations and that the company will continue to "consider other opportunities," said the memo, which was first reported by The Information.  ( 34 min )

The chief executive of the largest global cryptocurrency exchange, plans to plead guilty to violating criminal U.S. anti-money-laundering requirements.  ( 31 min )

Charlie Munger is often hailed as the indispensable confidant to Warren Buffett, the legendary investor and chairman of Berkshire Hathaway Inc. Renowned for his wit and wisdom, Munger has become a well-known figure in the investing world. While some may simplify his role as Buffett’s sidekick, Munger’s influence and contributions to Berkshire’s success are undeniable, cementing his stature as a titan of finance in his own right. On a recent episode of the Acquired podcast, Munger shared his thou  ( 35 min )

There's been an ongoing debate about whether retirees should abandon the "4% rule" for withdrawals from retirement accounts, a retirement income rule of thumb for decades. The market volatility of recent years made that rule suspect for many new retirees, but a new study from Morningstar finds that the rule can still apply. Do you […] The post The 4% Rule for Retirement Withdrawals Might Finally Be Safe to Use Again, Says Morningstar appeared first on SmartReads by SmartAsset.  ( 35 min )

Michael Rothenberg's VC firm, Rothenberg Ventures, had around $50 million in assets under management when it collapsed in 2016.  ( 34 min )

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Data-analytics software company Palantir receives a share of a contract from England's National Health Service.  ( 23 min )

Investors have piled into more speculative investments amid increasing confidence the Federal Reserve is done hiking interest rates.  ( 36 min )

Chip maker Nvidia is set to report its latest quarterly results after the closing bell today. Here's what Wall Street analysts think of the widely h  ( 23 min )

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AI takes center stage ahead of Nvidia's quarterly report and as the OpenAI drama rolls on.  ( 40 min )

Ford will scale back the investment, capacity and the number of jobs planned for an electric vehicle (EV) battery plant in Michigan that has drawn fire from U.S. lawmakers for its use of technology supplied by Chinese battery maker CATL, the automaker said on Tuesday. Ford said it would restart construction of the factory near Marshall, Michigan, after being paused two months ago. The automaker plans to start producing low-cost lithium-iron batteries by 2026 based on technology licensed from CATL.  ( 34 min )

U.S. existing home sales dropped to the lowest level in more than 13 years in October as the highest mortgage rates in two decades and a dearth of houses drove buyers from the market. Existing home sales tumbled 4.1% last month to a seasonally adjusted annual rate of 3.79 million units, the lowest level since August 2010, the National Association of Realtors said on Tuesday. October's sales likely reflected contracts signed in the prior two months, when the average rate on the popular 30-year fixed-rate mortgage jumped to levels last seen in late 2000.  ( 34 min )

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Retailer Kohl's beats quarterly earnings estimates but falls short on sales.  ( 20 min )

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Tuesday, Wedbush analyst Dan Ives launched coverage of VinFast with a Buy rating and $12 price target.  ( 23 min )

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China’s State Administration for Market Regulation issued a statement granting the conditional approval Tuesday, VMware and Braodcom should complete their merger on Wednesday.  ( 26 min )

(Bloomberg) -- For investors stashing record sums in cash, US bond managers overseeing a combined $2.5 trillion have a bit of advice: It’s time to put that money to work.Most Read from BloombergCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIMicrosoft Ends Weekend of OpenAI Drama With Coup of Its OwnMusk Defends Himself on X After Antisemi  ( 35 min )

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Broadcom said it plans to close its $69 billion deal for cloud computing firm VMWare on Wednesday. Broadcom added that it has now received all required regulatory approvals for the purchase after China's market regulator approved the acquisition with additional restrictive conditions earlier on Tuesday.  ( 33 min )

Sales of appliances, consumer electronics, computing and mobile phones all came in lower, but the company saw strength in its entertainment products.  ( 35 min )

Fisker announced chief accounting officer Florus Beuting resigned effective Nov. 14. He took the job Nov. 6. BofA Securities analyst John Murphy has put his rating "under review."  ( 23 min )

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(Bloomberg) -- Broadcom Inc.’s deal with software maker VMware Inc. has received a list of conditions it must meet to get approval from Chinese regulators, the final hurdle for the companies’ $61 billion merger. Most Read from BloombergCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIMicrosoft Ends Weekend of OpenAI Drama With Coup of Its O  ( 34 min )

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I am trying to decide if I should pay off my house worth about $750,000. I owe around $120,000 on an adjustable-rate mortgage (ARM). On the other hand, my 4.5% interest rate just ended and I know the interest will continue to rise in this economy. My mortgage is $1,450 per month, having risen $400 […] The post Ask an Advisor: I’m a Retired Teacher With a State Pension, Social Security and $550k in Savings. Should I Pay Off My $120k Mortgage? appeared first on SmartReads by SmartAsset.  ( 36 min )

AI takes center stage ahead of Nvidia's quarterly report and as the OpenAI drama rolls on.  ( 36 min )

AI takes center stage ahead of Nvidia's quarterly report and as the OpenAI drama rolls on.  ( 34 min )

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Slow home sales and high interest rates are hurting sales of home-improvement products. It's not good for Lowe's.  ( 26 min )

Apple CEO Tim Cook said he has a "very detailed" succession plan, a far cry from the turbulent handover at OpenAI following Sam Altman's departure.  ( 35 min )

The Chinese tech company reported third-quarter earnings of $2.86 a share on revenue of $4.8 billion.  ( 23 min )

Nvidia is scheduled to report earnings after the close of trading Tuesday, Microsoft stock closes at a record high, and same-store sales at Lowe's fall more than expected.  ( 25 min )

Beyond being merely a gripping HBO-worthy story, AI innovation has massive consequences — and is already the main thing responsible for 2023's stock market trajectory.  ( 36 min )

(Bloomberg) -- The biggest oil-storage hub in the US — a massive network of tank farms known as the “Pipeline Crossroads of the World” — is rapidly losing its primacy as a signal for domestic supply and demand.Most Read from BloombergCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIMicrosoft Ends Weekend of OpenAI Drama With Coup of Its Own  ( 35 min )

Mining projects are being delayed after a plunge in prices for metals used in batteries.  ( 27 min )

Shares of Nvidia ticked higher in premarket trading Tuesday ahead of the chip maker’s quarterly results, set for release after the closing bell. Nvidia’s shares recently stood 0.2% higher. They have more than tripled so far in 2023, and closed Monday at at a record high of $504.09. The stock has b  ( 23 min )

The Chinese tech company’s third-quarter profit beat analyst expectations, as revenue rose thanks to growth in online-marketing services and streaming services.  ( 27 min )

(Bloomberg) -- Treasury investors are turning increasingly skeptical the Federal Reserve will deliver a soft landing for the US economy next year, elevating concern of a looming recession over the risks posed by inflation and a swelling budget deficit.Most Read from BloombergCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIMicrosoft Ends We  ( 34 min )

(Bloomberg) -- Baidu Inc.’s results beat estimates after China’s internet search leader expanded into new businesses such as AI to shield itself from an economic downturn.Most Read from BloombergCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIMicrosoft Ends Weekend of OpenAI Drama With Coup of Its OwnTech Giants Roar as Nasdaq 100 Hits 22-  ( 35 min )

(Bloomberg) -- Chinese developers’ bonds and shares gained after authorities began drafting a list of 50 real estate firms that would be eligible for financing, the latest move by Beijing to support the embattled property sector.Most Read from BloombergCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIMicrosoft Ends Weekend of OpenAI Drama W  ( 35 min )

The US.-based asset manager told investors that Blackstone Diversified Multi-Strategy fund will close at the end of the year, the newspaper reported, citing Blackstone. Blackstone did not immediately respond to a Reuters request for comment.  ( 34 min )

The big question is what management will say about Nvidia's progress in alleviating supply constraints.  ( 21 min )

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(Bloomberg) -- Elon Musk’s X Corp., formerly known as Twitter, filed a lawsuit accusing Media Matters of “maliciously” trying to drive away advertisers from the social media platform by reporting that ads for Apple Inc., International Business Machines Corp. and Oracle Corp. were running next to pro-Nazi content.Most Read from BloombergThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAINearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitCitigroup Cuts Over 300  ( 34 min )

Fisker announced chief accounting officer Florus Beuting resigned effective Nov. 14. He took the job Nov. 6.  ( 21 min )

As EV makers in China wage an intense price war to prop up slowing demand, Chinese brands with strong hybrid lineups are emerging as winners, attracting consumers with vehicles with long range that can cost less than gasoline cars. The emerging trend may provide a glimmer of hope for global automakers such as Toyota and Honda who are pursuing "multi-pronged" electrification strategies, as electric vehicle (EV) sales lose momentum in Europe and the U.S., partly because of high auto financing costs. One-third of total vehicle sales by Toyota, the world's top-selling automaker, are already hybrids and the company reported a 34% surge in hybrid sales in the six months to end-September, outpacing 9% growth in overall revenue.  ( 37 min )

The S&P 500 lost 0.2% on Tuesday, Nov. 21, 2023, after several retailers warned that consumers are spending less.  ( 1 min )

U.S. equities lost ground at midday on Tuesday, Nov. 21, 2023 as several retailers warned about consumer demand heading into the key holiday shopping period.  ( 1 min )

Stock futures fell in premarket trading Tuesday on a slew of weak earnings reports from retailers and ahead of results after the bell from generative AI winner Nvidia.  ( 1 min )

Microsoft shares edged higher in pre-market trading after hitting a record high on Monday as OpenAI employees threatened to follow former OpenAI CEO Sam Altman to Microsoft, and Zoom reported better-than-expected earnings on improved growth from its larger customers. Here’s what investors need to know today.  ( 1 min )

Ford is cutting back on its production plans for a Michigan battery plant as electric vehicle (EV) demand wanes.  ( 1 min )

Symbotic shares climbed over 40% Tuesday after the Walmart and Softbank-backed maker of AI-powered robotic warehouse systems reported record revenue as it improved margins and deployed new systems.  ( 1 min )

De huizenprijzen zijn al negen maanden op rij lager dan een jaar eerder, maar het verschil wordt telkens kleiner. Bovendien zitten de prijzen ten opzichte van de zomer alweer in de lift. Ook neemt het aantal woningverkopen weer toe.  ( 9 min )

We winkelen online, we doen onze bankzaken via een smartphone en gebruiken het internet om te daten. Waarom stemmen we dan eigenlijk nog steeds ouderwets met het rode potlood?  ( 11 min )

Het private-equitybedrijf van Kim Kardashian heeft zijn eerste investering aangekondigd. De realityster gaat investeren in een bedrijf dat truffelsauzen maakt. Goedkoop is zo'n saus niet: voor een fles betaal je zo'n 20 dollar (ongeveer 18 euro).  ( 8 min )

Twee farmaceutische bedrijven zijn in een strijd verwikkeld over de methode die ze hebben gebruikt om coronavaccins te ontwikkelen. Moderna claimt het patent te hebben op de zogeheten mRNA-techniek. BioNTech bestrijdt dat en heeft dinsdag gelijk gekregen van het Europees Octrooibureau.  ( 9 min )

Het hulpgeld van de Europese Unie voor de Palestijnen is niet in verkeerde handen gevallen. Dat laat de Europese Commissie weten na eigen onderzoek.  ( 8 min )

Europese autoriteiten zijn binnengevallen bij enkele maaltijd- en boodschappenbezorgers. Het gaat om invallen in twee EU-landen. Om welke landen het gaat, is niet duidelijk.  ( 9 min )

Het Nederlandse e-bikemerk Qwic is failliet verklaard door de rechtbank Amsterdam. Het was al enkele dagen duidelijk dat de fietsenfabrikant in financiële problemen zat, want vorige week vroeg het bedrijf uitstel van betaling aan. Daarop volgt vaak een faillissement.  ( 9 min )

Een deel van de ontvangers van een Wajong-uitkering hoeft dit en volgend jaar toch geen gemeentelijke en waterschapsbelasting te betalen.  ( 8 min )

Socialemediaplatform X heeft maandag de Amerikaanse onderzoeksgroep Media Matters aangeklaagd. De groep onthulde dat het platform advertenties toestaat bij antisemitische berichten. Bedrijven als Apple, Disney en IBM besloten daarop hun reclames op X op te schorten.  ( 3 min )

Bij de aanschaf van nieuwe auto's genieten elektrische en hybride auto's de voorkeur. Slechts 30 procent van de in oktober nieuw geregistreerde auto's in Nederland rijdt op benzine of diesel. In de hele Europese Unie is dat aandeel nog 45 procent.  ( 9 min )

Gesnotter en gehoest heeft in oktober tot meer ziekmeldingen dan in september geleid. Arbodienstverleners ArboNed en HumanCapitalCare verwachten dat de impact van de griep nog verder toeneemt.  ( 9 min )

Het werk in de zorgsector wordt steeds vaker gedaan door zelfstandigen. Met name onder verloskundigen, huisartsen en fysiotherapeuten werken velen als ondernemer. Vorig jaar waren 178.000 mensen in de zorg eigen baas. In 2021 waren dat er nog 156.000.  ( 10 min )

Brancheorganisatie Jeugdzorg Nederland en vakbonden FNV, CNV en FBZ hebben een onderhandelaarsakkoord over een nieuwe cao bereikt. Medewerkers krijgen in 2024 9,25 procent meer loon. Ook stijgen de lonen in 2025 met 3 procent en wordt er inflatiecompensatie toegepast.  ( 9 min )

Brancheorganisatie Jeugdzorg Nederland en vakbonden FNV, CNV en FBZ hebben een onderhandelaarsakkoord over een nieuwe cao bereikt. Medewerkers krijgen in 2024 9,25 procent meer loon. Ook stijgen de lonen in 2025 met 3 procent en wordt er inflatiecompensatie toegepast.  ( 8 min )

De gevolgen van klimaatverandering kunnen de waarde van Nederlandse huizen in de toekomst flink drukken. Het gaat onder meer om schade door overstromingen en droogte, zegt dataverzamelaar Calcasa.  ( 9 min )

(Reuters) -Social media company X on Monday sued media watchdog group Media Matters, alleging the organization defamed the platform after it published a report that said ads for major brands had appeared next to posts touting Adolf Hitler and the Nazi party. X, formerly Twitter, has faced growing outrage since Media Matters published the report on Thursday, which led IBM, Comcast and several other advertisers to pull ads from the platform in response.  ( 35 min )

Today's best nationwide CD rates are 6.00% from SecurityPlus Federal Credit Union and 5.80% from Seattle Bank, with a top rate of 5.85% available on the leading jumbo CD.  ( 21 min )

Satya Nadella's midnight hiring of Sam Altman and Greg Brockman was a shrewd move for Microsoft, but unless Altman returns to OpenAI, the startup's other VC investors will be left with an empty shell.  ( 34 min )

The global shift toward sustainable energy solutions is driving the adoption of electric vehicles (EVs). While Tesla (NASDAQ:TSLA) has long been the market leader, as the EV market expands, many new players have emerged. We’ll use TipRanks’ stock comparison tool to discuss why Wall Street is more bullish on rising EV stars Blink Charging (NASDAQ:BLNK) and ChargePoint Holdings (NYSE:CHPT) than they are on Tesla. I, too, am optimistic about the near-term prospects of both BLNK and CHPT. While Tesl  ( 38 min )

With odds now slim for more Fed rate hikes, the best CD rates have begun slipping. So it's a smart time to snag one of today's historically high returns while you can.  ( 20 min )

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Everyone knows that Big Tech has been the big leader in the market’s advance this year. A look at the market indexes will bear this out: the Dow has risen by 6% year-to-date, the S&P 500 by 18%, while the tech-heavy NASDAQ boasts an impressive 36% gain. What this means for investors, however, has been a subject of lively debate. Chiming in from Bank of America, head of US equity strategy Savita Subramanian is urging investors not to worry so much about that narrow focus. In her view, big tech st  ( 38 min )

Investors are betting that Paramount is exploring more M&A.  ( 36 min )

Nvidia's stock reached a record high ahead of the company's earnings report, set for release on Tuesday after the bell.  ( 36 min )

Citigroup was sued on Monday by a managing director who said a former top equities banker subjected her to sexual harassment and abuse including death threats. Ardith Lindsey said the New York-based bank, her employer since 2007, downplayed her complaints about Mani Singh, who had been its North America Markets head of cash equity execution services before he resigned last November. Lindsey also accused Citigroup of tolerating a "notoriously hostile" environment in its equities division.  ( 35 min )

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The dollar weakened for a third straight session amid signs of a cooling economy.  ( 26 min )

Tesla CEO Elon Musk defended himself against charges he is antisemitic over the weekend.  ( 29 min )

Software company C3.ai cut jobs last week, citing employee performance and the need for cost savings, Bloomberg News reported on Monday. The software company had 914 full-time employees, with 746 based in the United States and 168 in its international locations, as of April 30, according to a regulatory filing.  ( 34 min )

Warren Buffett expects economic trouble, so he's keeping an unprecedented amount of powder dry for when bargains and deals emerge, Steve Hanke says.  ( 34 min )

OpenAI's boardroom decision has left investors and Silicon Valley stunned.  ( 37 min )

“The evolution of the U.S. housing market has been Herculean or devastating depending on where you look,” the strategists wrote in their forecast.  ( 36 min )

An entire stock sector may experience a significant decline in value at certain points during market cycles. But as the sector begins to rebound, some of the worst performers may outperform the rest of the group. This trend has borne out in recent weeks as real estate investment trusts (REITs) have bounced off their lows and have been performing exceptionally well. When stocks as a group move higher, lower-priced stocks will often make the biggest percentage gains. One reason is that it's easier  ( 37 min )

It’s easy to respect technology stalwart Intel (NASDAQ:INTC) but difficult to truly get on board with the stock. After all, its rivals like Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) have pressured or dominated Intel in key markets. However, those thinking about shorting its shares should think again, mainly due to bullish options activity. Tactically, I am bullish on INTC stock. Positive Q3 Underlines the Fundamental Case for INTC Stock To be clear, while the main bullish cata  ( 36 min )

The resignation marks the latest setback for a company that only recently started selling its first model.  ( 28 min )

By hiring Sam Altman and Greg Brockman to a new in-house advanced AI research team, Microsoft flipped the script in the OpenAI debacle.  ( 35 min )

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Expect Brent crude prices to stay relatively flat next year before falling in 2025, say JPMorgan analysts.  ( 37 min )

The Tesla CEO defended himself against charges he is antisemitic over the weekend.  ( 28 min )

Richards, who has more than 30 years of experience in asset management, led M&G Investments before joining Fidelity as chief executive officer in 2018, replacing Brian Conroy. During her term as CEO, assets managed by Fidelity grew significantly, to $714.3 billion.  ( 33 min )

Capping off a week of wild swings, mortgage rates held mostly steady Friday, keeping the 30-year average near its lowest point since in more than 2 months.  ( 20 min )

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A lot of people stand to lose a lot of money if OpenAI tries to forge on without Sam Altman.  ( 35 min )

It's often difficult for investors to find stocks that provide both appreciation and a high-yielding dividend. Often, the only reason for a high-yielding dividend is that the stock has declined significantly in share price. But what if there was a stock that not only boasted a high-yielding dividend but also outperformed all of its peers over the past 52 weeks, achieving significant gains and distributing a monthly dividend? Take a look at one real estate investment trust (REIT) that has crushed  ( 36 min )

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(Bloomberg) -- Hundreds of OpenAI employees have threatened to resign and follow ousted leader Sam Altman to Microsoft Corp. unless the current board resigns, following its poorly handled firing of the chief executive officer on Friday.Most Read from BloombergMicrosoft Ends Weekend of OpenAI Drama With Coup of Its OwnThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI’s Murati Aims to Re-Hire Altman, Broc  ( 35 min )

After weekend of drama, Microsoft now has two of the biggest names in AI working directly for their company.  ( 36 min )

Saving for retirement is a fundamental part of financial planning, where starting early can significantly enhance the growth potential of your savings. While a common guideline suggests saving 10% to 15% of your annual income, individual needs vary. For those aiming to boost their retirement funds significantly, converting $100,000 into $1 million is a challenge but achievable with a well-devised investment strategy and a long-term perspective. The National Study of Millionaires reveals that 75%  ( 35 min )

(Bloomberg) -- The lending arm of Toyota Motor Corp. will pay $60 million to settle allegations by a US regulator that it misled customers into buying extra products that boosted their payments and then gave them a runaround when they tried to cancel.Most Read from BloombergThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIMicrosoft Ends Weekend of OpenAI Drama With Coup of Its OwnCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten  ( 35 min )

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The country's third-largest bank begins a new round of job cuts Monday, punctuating a challenging year for Wall Street.  ( 36 min )

Learn who the top 10 billionaires in the world are and how they built their wealth.  ( 36 min )

But Latin America’s third-largest economy is broke and lacks funds to swap the nearly worthless peso for the greenback  ( 30 min )

Argentina's U.S.-listed companies are enjoying a moment in the sun. Shares in at least four Argentinian companies jumped Monday after the election victory Sunday by Javier M  ( 24 min )

Microsoft has hired Sam Altman, stopping one of the biggest names in artificial intelligence from joining a rival.  ( 24 min )

The week is off to an ugly start for some pharmaceutical investors. Bayer said it is halting a trial for asundexian, an experimental cardiovascular drug, due to a lack of efficacy in tre  ( 23 min )

Microsoft has moved fast to contain the OpenAI fallout. However, Google, Amazon and Nvidia could all seek to take advantage in their own ways.  ( 27 min )

The Consumer Financial Protection Bureau on Monday said Toyota Motor Credit will pay a $12 million civil fine, and $48 million to harmed consumers. Toyota Motor Credit provides financing for people who buy vehicles at Toyota dealerships. According to the CFPB, thousands of consumers complained to Toyota Motor Credit that dealers lied about whether these products were mandatory, or rushed the paperwork so they wouldn't realize how much they were paying.  ( 34 min )

OpenAI gave investors a single minute's advance warning that it was firing co-founder Sam Altman, and now as it goes through three CEOs in four days, and maybe the board of directors too, Microsoft is snapping up everyone it can.  ( 37 min )

Citigroup moved ahead with the next layer of changes across its businesses and functions, a move to reorganize it said would involve difficult and consequential decisions.  ( 27 min )

Deutsche Bank analyst Scott Deuschle upgraded Boeing stock to Buy from Hold. His price target went to $270 from $204, about 30% above recent trading levels.  ( 22 min )

Regardless of any individual’s feelings about the transition from fossil fuels to renewable energy sources, there’s no doubt that it is happening. Our society has come to the conclusion that fossil fuels are too dirty for continued long-term, large-scale use, and that something will have to replace them. There are plenty of contenders for the role, and prominent among them are renewable power sources such as solar and wind energy. Both of these sources find support from social pressures, which t  ( 37 min )

Long-term care insurance is an important way to mitigate risk in retirement. Unexpected health issues and the related costs can take over a retiree’s financial life if they don’t have a plan to pay for costs of care. The cost of such a policy will depend on a handful of factors – including your age […] The post I Was Quoted $2,000 Per Year for Long-Term Care Insurance. Is That Too Much? appeared first on SmartReads by SmartAsset.  ( 35 min )

Bitcoin and other cryptocurrencies rose Monday amid continued optimism over the approval of exchange-traded funds.  ( 22 min )

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Signals are finally getting stronger for the global smartphone market. Chinese handset makers like Huawei, which had been locked out of the race by U.S. sanctions, are dialing back in.  ( 27 min )

Nvidia shares have been flying higher ahead of the company's earnings, which are due Tuesday. One clue from the options market indicates investors aren't quite as euphoric as they were a few months ago. Betting on a disappointing result will cost investors a bit extra in the options market this  ( 23 min )

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The chief executive of NRG Energy has left the company and will be replaced by the board’s chairman while it searches for a permanent successor.  ( 26 min )

Milton Friedman was not renowned for being soft and cuddly. The father of monetarist economics inspired tough central bank crackdowns on inflation that triggered recessions and provided the intellectual ballast for Margaret Thatcher, the Iron Lady.  ( 38 min )

As the holiday-shortened week begins, focus has shifted to weighing when the Federal Reserve could start cutting rates.  ( 37 min )

As the holiday-shortened week begins, focus has shifted to weighing when the Federal Reserve could start cutting rates.  ( 35 min )

As the holiday-shortened week begins, focus has shifted to weighing when the Federal Reserve could start cutting rates.  ( 35 min )

Deutsche Bank analyst Scott Deuschle upgraded Boeing stock to Buy from Hold. His price target went to $270 from $204, about 30% above recent trading levels.  ( 22 min )

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I am feeling hopeless. I am 60 years old and have only $15,000 saved. I will get a 80% pension from the state of Massachusetts and be able to retire in three years. What can I possibly do to increase my savings now? – Joy There's no question that $15,000 is a small amount of […] The post Ask an Advisor: I’m 60 and ‘Feeling Hopeless’ With Just $15k Saved. What Can I Do Now to Increase My Retirement Savings? appeared first on SmartReads by SmartAsset.  ( 36 min )

(Bloomberg) -- OpenAI co-founder Sam Altman is joining Microsoft Corp. to lead its AI effort after the board replaced him with Twitch’s ex-CEO, a stunning reversal for the widely respected tech-evangelist who helped jumpstart the artificial intelligence boom.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleThe Doomed Mission Behind Sam Altman's Shock Ouster From OpenAIOpenAI Board Urged by Microsoft, Investors to Restore AltmanOpenAI’s Murati Aims  ( 37 min )

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GM’s Cruise CEO resigns amid safety concerns, investors will eye Fed minutes for signs of rate cuts, and other news to start your day.  ( 39 min )

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Citigroup employees expect the bank to announce layoffs and senior management changes on Monday as part of its biggest reorganization in decades, according to five sources with knowledge of the matter. Executives are also likely to announce senior management changes by email, the source said. Citigroup declined to comment.  ( 34 min )

Artificial intelligence chip leader Nvidia will likely deliver yet another blockbuster revenue forecast on Tuesday. The results will also be a major test for the AI-powered rally that has helped drive up the U.S. stock market this year, with the Philadelphia semiconductor index up nearly 50% in 2023. "There is an underlying assumption that Nvidia has total market dominance ... so anything that affects that perception, whether it be because of the business performance or because of risks to certain markets, that is going to temper enthusiasm," Capital.com analyst Kyle Rodda said.  ( 35 min )

Can these well-known companies be the market darlings of 2024?  ( 37 min )

(Bloomberg) -- It’s touted as crypto’s big breakthrough on Wall Street: The imminent arrival of Bitcoin exchange-traded funds that will kick open digital-currency investing to the institutional and retail masses. Most Read from BloombergThe Doomed Mission Behind Sam Altman's Shock Ouster From OpenAIOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Taps ex-Twitch CEO to Lead as Altman Joins MicrosoftOpenAI’s Murati Aims to Re-Hire Altman, Brockman After ExitsOpenAI  ( 36 min )

President-elect Javier Milei faces runaway inflation and empty coffers after decades of economic mismanagement.  ( 28 min )

Expectations for the chip maker’s earnings report due Tuesday are sky high. Nvidia’s earnings beat Wall Street expectations in 19 of the last 20 quarters..  ( 30 min )

Sam Altman, the ousted chief executive at OpenAI, will be joining Microsoft to lead a new advanced AI research team, the CEO of GM's Cruise self-driving technology and taxi business resigns, and Zoom Video reports quarterly earnings Monday.  ( 22 min )

How much is Sam Altman worth? Quite a bit judging by Microsoft's stock price. Shares in the tech colossus rose more than 2% Monday in offhours trading after [it hired the artificial-intelligence expert](https://www.wsj.com/tech/ai/openai-leadership-hangs-in-balance-as-sam-altmans-counte-rebellion-g  ( 22 min )

(Bloomberg) -- OpenAI’s board hired Emmett Shear, formerly of Twitch, as chief executive officer, defying calls from investors to reinstate the ousted Sam Altman, according to people familiar with the matter. Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanThe Doomed Mission Behind Sam Altman's Shock Ouster From OpenAIAltman Sought Billions For Chip Venture Before OpenAI OusterArgentina  ( 33 min )

(Bloomberg) -- Shares of China’s small and medium-sized companies are poised to enter a bull market, defying a broader slump in local equities.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleThe Doomed Mission Behind Sam Altman's Shock Ouster From OpenAIOpenAI Board Urged by Microsoft, Investors to Restore AltmanOpenAI’s Murati Aims to Re-Hire Altman, Brockman After ExitsAltman Sought Billions For Chip Venture Before OpenAI OusterThe Beijing Stoc  ( 33 min )

Microsoft CEO Satya Nadella on Monday said that ousted OpenAI CEO Sam Altman and Greg Brockman will be joining Microsoft to lead a new advanced AI research team. Nadella also appeared to confirm Emmett Shear's reported appointment as the new OpenAI CEO, saying they are "looking forward to getting to know Emmett Shear and OAI's new leadership team and working with them."  ( 33 min )

Citigroup employees expect the bank to announce layoffs and senior management changes on Monday as part of its biggest reorganization in decades, according to five sources with knowledge of the matter. The job cuts could affect thousands of staff, according to a source familiar with the situation who was not authorized to speak publicly. Executives are also likely to announce senior management changes by email, the source said.  ( 34 min )

Capping off a tumultuous weekend at OpenAI that culminated in investors -- and a contingent of employees -- attempting to convince the company's board to hire back former Y Combinator president Sam Altman after firing him on Friday, Altman won't be returning as CEO, according to a report in The Information. Citing an internal memo sent by Ilya Sutskever, board director and one of OpenAI's co-founder, Altman has decided to walk away from negotiations -- at least for the time being. As the search for a new permanent CEO continues, OpenAI has appointed Emmett Shear, the co-founder of video streaming site Twitch, as interim CEO -- replacing Mira Murati, who held the position for only two days.  ( 34 min )

(Bloomberg) -- Healthy companies led by competent, commercially successful and globally beloved founders generally don’t tend to fire them. And, as Sam Altman walked on stage in San Francisco on Nov. 6, all those things could have described his role at OpenAI.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleThe Doomed Mission Behind Sam Altman's Shock Ouster From OpenAIOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billi  ( 41 min )

Weight loss was the talk of this earnings season, making names such as Wegovy, Ozempic and Mounjaro the water-cooler discussion that companies across the globe could not ignore. A Reuters analysis of earnings transcripts for the third quarter showed "GLP-1" or alternatives like "obesity" or "weight-loss medications" were mentioned 256 times across 29 U.S. and European healthcare and consumer companies. "It's definitely a hot topic," said Jeff Jonas, portfolio manager at Gabelli Funds.  ( 35 min )

Despite recent declines, SoFi stock stock is having a stellar year.  ( 34 min )

Sam Altman’s bid to return to OpenAI after being ousted Friday faltered late Sunday, as the board that fired him opted not to agree to proposed terms of his reinstatement.  ( 33 min )

Asian shares were higher Monday after Wall Street closed its third straight winning week with a tiny gain. U.S. futures were lower while oil prices gained as investors looking ahead to OPEC plus meetings.  ( 36 min )

Shares of Foxtron Vehicle Technologies, a unit of iPhone supplier Foxconn, fell as much as 9% in their market debut on Monday, hurt concerns over potential headwinds in the highly competitive electric vehicle market. In addition to inflation and high interest rates which have raised the cost of buying a car, EV makers are also grappling with supply-chain bottlenecks and pricing pressure from the likes of Tesla, which led EV price cuts this year. Tesla CEO Elon Musk last month raised concerns about expanding factory capacity until interest rates ease, echoing similar notes of caution from General Motors and Ford.  ( 34 min )

Bitcoin enthusiasts eagerly awaiting the green light for a Bitcoin exchange-traded fund (ETF) will need to be patient.  ( 33 min )

(Bloomberg) -- OpenAI’s interim Chief Executive Officer Mira Murati plans to re-hire her ousted predecessor Sam Altman and former President Greg Brockman in a capacity that has yet to be finalized, according to people with direct knowledge of the matter.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterThe Doomed Mission Behind Sa  ( 34 min )

(Bloomberg) -- Elon Musk railed against “bogus” media reports accusing him of antisemitism, issuing his strongest response yet after endorsing antisemitic content in a post on X that provoked outrage and alienated advertisers like Apple Inc.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterThe Doomed Mission Behind Sam Altman's Sh  ( 34 min )

(Bloomberg) -- Stocks rose in Asia following gains on Wall Street amid optimism the Federal Reserve is about to end its tightening cycle. Japan’s Nikkei 225 Stock Average climbed to a fresh 33-year high.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterThe Doomed Mission Behind Sam Altman's Shock Ouster From OpenAISpaceX Starship  ( 36 min )

BUENOS AIRES/LONDON (Reuters) -Far-right libertarian Javier Milei's strong win in Argentina's presidential election could boost bonds and equities but put downward pressure on the peso currency, investors said on Monday. The outsider radical, who has pledged to "burn down" the central bank and dollarize the economy, beat Peronist economy chief Sergio Massa in Sunday's vote, though he struck a measured tone in his first speech as president-elect. JPMorgan's Diego W. Pereira said in a note to clients late on Sunday that it would not change its recommendation on Argentina's international bonds from its measured "market weight" stance.  ( 34 min )

You need to earn income to contribute to a Roth IRA. However, married couples can use a spousal Roth IRA to fund two accounts, even if just one spouse earns income.  ( 28 min )

(Bloomberg) -- Argentina investors cheered libertarian economist Javier Milei’s bigger-than-expected win in Sunday’s presidential vote and his pledges to usher in a radical remake of South America’s second-largest economy.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterThe Doomed Mission Behind Sam Altman's Shock Ouster From Ope  ( 35 min )

Hong Kong stocks moved higher in early trading, with investors looking ahead to fresh tech earnings while shaking off some disappointment over Alibaba’s quashed spinoff.  ( 25 min )

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With the shift away from pensions, workers are becoming more responsible for their own retirement needs. Unfortunately, many are falling short.  ( 26 min )

(Bloomberg) -- The shocking decision by Alibaba Group Holding Ltd. to cancel the spinoff of its cloud division is offering a fresh reason for investors to sell China tech stocks in an earnings season yielding mixed results.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterSpaceX Starship Explodes Though Craft Reached New Milestone  ( 36 min )

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Oil futures nudged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts to shore up prices, which have fallen for four weeks on easing concern of Mid-East supply disruption brought about by the Israel-Hamas conflict. Brent crude futures climbed 11 cents, or 0.1%, to $80.72 a barrel by 0012 GMT while U.S. West Texas Intermediate crude was at $75.97 a barrel, up 8 cents. Both contracts settled 4% higher on Friday after three OPEC+ sources told Reuters that the producer group, made up of the Organization of the Petroleum Exporting Countries and their allies including Russia, is set to consider whether to make additional oil supply cuts when it meets on Nov. 26.  ( 34 min )

(Bloomberg) -- Healthy companies led by competent, commercially successful and globally beloved founders generally don’t tend to fire them. And, as Sam Altman walked on stage in San Francisco on Nov 6., all those things could have described his role at OpenAI.Most Read from BloombergOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterOpenAI Negotiations to Reinstate Altman Snag Over Board RoleSpaceX Starship Explodes Though Craf  ( 41 min )

The S&P 500 gained 0.7% on Monday, Nov. 20, 2023, adding to last week's gains amid optimism that slowing inflation will keep the Fed from raising interest rates.  ( 1 min )

Long-term Treasurys rallied on Monday after a promising $16 billion 20-year Treasury auction, an event investors have generally overlooked but have started to closely monitor in recent months amid surging Treasury yields.  ( 1 min )

U.S. equities began the holiday-shortened trading week higher at midday on Monday, Nov. 20, 2023 after optimism about slowing inflation buoyed markets last week.  ( 1 min )

Stock futures were mixed in premarket trading Monday after notching their third straight week of gains amid tamer inflation reports and optimism that interest rate hikes are in the rearview mirror.  ( 1 min )

The 2023 MFS Asset Allocation Survey showed about half of investment professionals expect an economic contraction over the next year and have raised the duration of their bond holdings.  ( 1 min )

A combination of weak mergers-and-acquisition deals, fund outflows in many areas, and increased costs could depress bonuses across much of the Street.  ( 1 min )

Microsoft hired Sam Altman after he was ousted by OpenAI and Cruise CEO Kyle Vogt resigned following a safety review. Here’s what investors need to know today.  ( 1 min )

Consider the pros and cons of using tax software versus an accountant when filing tax returns.  ( 23 min )

Today's best nationwide CD rates are 6.00% from SecurityPlus Federal Credit Union and 5.80% from Seattle Bank, with a top rate of 5.85% available on the leading jumbo CD.  ( 19 min )

With odds now slim for more Fed rate hikes, the best CD rates have begun slipping. So it's a smart time to snag one of today's historically high returns while you can.  ( 18 min )

The S&P 500 gained 0.7% on Monday, Nov. 20, 2023, adding to last week's gains amid optimism that slowing inflation will keep the Fed from raising interest rates.  ( 17 min )

Find out how short sellers provide a service to the market by acting as a check against overvalued companies and exposing unethical practices.  ( 29 min )

Learn how a 401(k) works, about 401(k) benefits, and what is a Roth 401(k).  ( 29 min )

Short sellers enable the markets to function smoothly by providing liquidity and also serve as a restraining influence on investors’ over-exuberance.  ( 28 min )

Argentina President-elect Javier Milei has promised to close the Central Bank of Argentina and embrace the U.S. dollar.  ( 19 min )

If you discover that you've contributed too much money to your Roth IRA for the year, there are ways to fix the problem and avoid tax penalties.  ( 26 min )

Amazon launched an artificial intelligence training program to help workers develop key skills as companies grapple with an AI talent shortage.  ( 17 min )

PENN Entertainment received a ratings upgrade and higher price target from Bank of America on the popularity of its new ESPN Bet app.  ( 17 min )

Microsoft shares surged to an all-time high Monday after hiring Sam Altman, the former CEO of ChatGPT maker OpenAI, to lead a new artificial intelligence team.  ( 17 min )

Toyota's U.S. financing arm was fined $60 million by regulators who said the lender illegally kept consumers from canceling loan bundles that raised the cost of their monthly payments.  ( 17 min )

Long-term Treasurys rallied on Monday after a promising $16 billion 20-year Treasury auction, an event investors have generally overlooked but have started to closely monitor in recent months amid surging Treasury yields.  ( 18 min )

Short selling occurs when an investor borrows a security, sells it on the open market, and expects to buy it back later for less money.  ( 37 min )

One of Spain's largest labor unions has called on 20,000 delivery and warehouse workers to participate in a "symbolic" strike on one of the biggest retail days of the fourth quarter.  ( 18 min )

In its features and benefits, a SIMPLE 401(k) plan is a cross between a SIMPLE IRA and a traditional 401(k) plan.  ( 26 min )

Form 1120-S: U.S. Income Tax Return for an S Corporation is used to report the income, losses, and dividends of S corporation shareholders.  ( 25 min )

Understand how the process of short selling allows a person to sell a stock without technically owning it.  ( 25 min )

An individual retirement annuity is an investment vehicle—similar to an individual retirement account—that is offered by insurance companies.  ( 24 min )

It’s a big shakeup for General Motors’ self-driving taxi unit, Cruise. Co-founder and CEO Kyle Vogt announced he was stepping down over the weekend  ( 18 min )

If you received unemployment compensation or a tax refund, you might get Form 1099-G. Find out what it is, why you received one, and more.  ( 27 min )

Blue lobsters are a sight to see, but how easy is it to get your hands on one, and how much do they cost?  ( 23 min )

The top ETFs of 2023 include XLC, IGM, XLK, IGV, and SCHG.  ( 20 min )

U.S. equities began the holiday-shortened trading week higher at midday on Monday, Nov. 20, 2023 after optimism about slowing inflation buoyed markets last week.  ( 17 min )

Capping off a week of wild swings, mortgage rates held mostly steady Friday, keeping the 30-year average near its lowest point since in more than 2 months.  ( 19 min )

Bristol-Myers Squibb and 2seventy bio shares dropped after the FDA said it would not make a decision on expanded use of the companies' cancer drug next month.  ( 17 min )

You can take money out of a Roth IRA, but learn when and how to do so to avoid any taxes and penalties. Read on to learn about Roth IRA withdrawal rules.  ( 32 min )

Equity and debt investments offer two different ways for investors take part in real estate crowdfunding.  ( 25 min )

A Roth IRA is a retirement plan that comes with many benefits. Learn how to open a Roth IRA in a few steps.  ( 33 min )

Claudia Goldin, an American economic historian and labor economist, is the 2023 recipient of the Nobel Memorial Prize in Economic Sciences. The third woman to be awarded the prize, and the first woman to have won it solo, her work focuses on the history of women's participation in the American labor market.  ( 25 min )

Learn who the top 10 billionaires in the world are and how they built their wealth.  ( 36 min )

Certificates of deposit (CDs) are a good option for conservative investing. Learn about KeyBank’s CDs and rates to see if they’re right for your financial goals.  ( 24 min )

Bank of America offers many personal financial products, including savings accounts. See if Bank of America’s rates are attractive enough for your deposit.  ( 23 min )

Microsoft hired Sam Altman as head of a new artificial intelligence research team after he was fired as CEO of OpenAI.  ( 17 min )

The 2023 MFS Asset Allocation Survey showed about half of investment professionals expect an economic contraction over the next year and have raised the duration of their bond holdings.  ( 18 min )

Thanksgiving Week will bring more earnings reports from retail companies, minutes from the FOMC meeting, and Black Friday sales events.  ( 22 min )

Curry was the eighth highest-paid athlete in the world in 2023, but he makes millions off the court, too.  ( 19 min )

A combination of weak mergers-and-acquisition deals, fund outflows in many areas, and increased costs could depress bonuses across much of the Street.  ( 17 min )

Microsoft hired Sam Altman after he was ousted by OpenAI and Cruise CEO Kyle Vogt resigned following a safety review. Here’s what investors need to know today.  ( 18 min )

A lottery is a low-odds game of chance or process in which winners are decided by a random drawing.  ( 24 min )

Opening your first IRA should be just an early step in your ongoing financial education. But the more help you need, the higher fees you're likely to pay.  ( 25 min )

Why catch-up contributions aren't part of Actual Deferral Percentage testing and how the IRS levels the playing field via non-discrimination tests.  ( 20 min )

Roth IRAs boast big tax perks. Learn how they work so you can take full advantage of them.  ( 27 min )

You need to earn income to contribute to a Roth IRA. However, married couples can use a spousal Roth IRA to fund two accounts, even if just one spouse earns income.  ( 28 min )

Defined-benefit plans are a thing of the past for most private-sector workers, but there are other ways to shore up your retirement.  ( 24 min )

Find out if cash balance pensions are the right solution for your small business.  ( 23 min )

Getting married has many financial positives (and a few negatives) but recent changes in the federal tax code have removed much of the downside.  ( 30 min )

Focusing only on pay when job hunting may be a mistake. Find out which benefits have the highest payoff in the long run.  ( 25 min )

With the shift away from pensions, workers are becoming more responsible for their own retirement needs. Unfortunately, many are falling short.  ( 26 min )

When looking through fund options for your Roth IRA with Edward Jones, VTI and SPAB can provide a solid starting point.  ( 25 min )

You are probably paying off your student loans and retirement is 40 years away. Shouldn't you focus on eliminating debt and, maybe, saving for a home?  ( 30 min )

Some relatively painless moves allow you to save money, and the payoff can grow to thousands of dollars if the savings are invested over decades.  ( 31 min )

People of any age can fund a Roth IRA if their earned income covers the contributions. Teens can earn decades of compound interest by investing early.  ( 26 min )

Landen moeten meer klimaatactie ondernemen om te voorkomen dat de aarde deze eeuw met bijna 3 graden opwarmt. Dat concludeert de klimaatafdeling van de Verenigde Naties in een nieuw rapport. De gevolgen van zo'n opwarming zijn niet mals.  ( 12 min )

Het kabinetsplan om verkeersboetes te verhogen stuit op weerstand van de Raad van State. De boetes voor lichte vergrijpen gaan omhoog om gaten in de begroting te dichten, maar dat vindt het adviesorgaan geen goede reden.  ( 9 min )

Europese bedrijven kunnen langer rekenen op staatssteun voor de energiekosten. De Europese Commissie kondigde maandag aan dat een aantal versoepelingen in de regels langer van kracht blijven, zodat EU-landen hun "vangnet" de komende winter nog in stand kunnen houden.  ( 8 min )

Automobilisten en motorrijders betalen vanaf 1 januari 2025 geen tol meer als ze door de Westerscheldetunnel rijden. Demissionair minister Mark Harbers (Verkeer en Waterstaat) en de Zeeuwse gedeputeerde Harry van der Maas ondertekenden maandag een overeenkomst daarover.  ( 9 min )

De rentes voor hypotheken zitten al enkele weken in een dalende lijn. Vooral mensen die hun rente wat minder lang willen vastzetten, zijn nu minder duur uit. Dat blijkt uit cijfers van adviesbureaus Van Bruggen en De Hypotheekshop.  ( 9 min )

Het was een wild weekend bij OpenAI, het bedrijf achter de succesvolle AI-chatbot ChatGPT. Vrijdag werd directeur en medeoprichter Sam Altman ontslagen. Na een chaotisch weekend gaat Altman nu aan de slag bij Microsoft. Maar hoe gaat OpenAI verder?  ( 11 min )

Het was een wild weekend bij OpenAI, het bedrijf achter de succesvolle AI-chatbot ChatGPT. Vrijdag werd directeur en medeoprichter Sam Altman ontslagen. Na een chaotisch weekend gaat Altman nu aan de slag bij Microsoft. Maar hoe gaat OpenAI verder?  ( 11 min )

Het kabinetsplan om de huurprijzen in de vrije sector te beperken, kent grote risico's. Volgens de Raad van State, een belangrijk adviesorgaan, kan het plan tot minder huurhuizen leiden.  ( 10 min )

De maximaal toegestane rente op een lening gaat in januari omhoog naar 15 procent. Dit betekent dat het duurder kan worden om geld te lenen voor nieuwe spullen.  ( 8 min )

Sam Altman, die vrijdag werd ontslagen als directeur bij OpenAI, heeft alweer een nieuwe baan. Hij gaat aan de slag bij Microsoft en krijgt daar de leiding over een team dat zich bezighoudt met kunstmatige intelligentie.  ( 9 min )

De euro is gestegen naar het hoogste niveau sinds eind augustus. De Europese munt leeft vooral op doordat de Amerikaanse dollar in waarde daalt. Beleggers vrezen dat de rente in de VS omlaaggaat, wat de Amerikaanse munt minder aantrekkelijk maakt.  ( 8 min )

De rechtbank Den Haag buigt zich vandaag over de vraag of de coronasteun eerlijk is verdeeld over werknemers in loondienst en zzp'ers. De Werkvereniging vindt van niet en heeft daarom de Staat gedagvaard.  ( 9 min )

Sam Altman, die vrijdag werd ontslagen als directeur bij OpenAI, heeft alweer een nieuwe baan. Hij gaat aan de slag bij Microsoft en krijgt daar de leiding over een team dat zich bezighoudt met kunstmatige intelligentie.  ( 8 min )

Eneco heeft plannen om een groenewaterstoffabriek van zo'n twintig voetbalvelden groot te bouwen in het havengebied van Rotterdam. De nieuwe fabriek, waarvoor Eneco samenwerkt met het Japanse moederbedrijf Mitsubishi, moet groene waterstof gaan leveren aan industriële klanten.  ( 9 min )

De lonen zijn in oktober harder gestegen dan in de maanden ervoor, ziet werkgeversvereniging AWVN. Toch zijn die cijfers een stuk minder representatief. In de herfstmaand zijn slechts veertien nieuwe cao's afgesloten.  ( 9 min )

Ruud Sondag, de interim-topman van Schiphol, is bang dat de luchthaven uiteindelijk nog verder moet krimpen nu het eerdere krimpplan is opgeschort. Hij vreest nu voor juridisch getouwtrek en de gevolgen daarvan.  ( 9 min )

Ruud Sondag, de interim-baas van Schiphol, is bang dat de uiteindelijke krimp van de luchthaven nog groter zal worden nu het eerdere plan tot inkrimpen is opgeschort. Dat komt volgens hem onder meer door juridisch getouwtrek.  ( 9 min )

PENN Entertainment received a ratings upgrade and higher price target from Bank of America on the popularity of its new ESPN Bet app.  ( 1 min )

Amazon launched an artificial intelligence training program to help workers develop key skills as companies grapple with an AI talent shortage.  ( 1 min )

Toyota's U.S. financing arm was fined $60 million by regulators who said the lender illegally kept consumers from canceling loan bundles that raised the cost of their monthly payments.  ( 1 min )

One of Spain's largest labor unions has called on 20,000 delivery and warehouse workers to participate in a "symbolic" strike on one of the biggest retail days of the fourth quarter.  ( 1 min )

It’s a big shakeup for General Motors’ self-driving taxi unit, Cruise. Co-founder and CEO Kyle Vogt announced he was stepping down over the weekend  ( 1 min )

Bristol-Myers Squibb and 2seventy bio shares dropped after the FDA said it would not make a decision on expanded use of the companies' cancer drug next month.  ( 1 min )

About half of the bank’s assets in the closely watched auction fall into the rent-regulated category.  ( 27 min )

After being fired on Friday, investors raced to reinstate him—but first the new role and members of the board that fired him need to be sorted out.  ( 34 min )

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(Reuters) -Ousted OpenAI CEO Sam Altman and former President Greg Brockman joined executives at the company's San Francisco headquarters on Sunday after interim CEO Mira Murati told staff she invited Altman, The Information reported on Sunday. Altman is discussing a possible return to the company behind the ChatGPT bot even as he considers launching a new artificial intelligence (AI) venture, Reuters reported on Sunday. The board of the company on Friday fired Altman, who to many was the human face of generative AI, sending shock waves across the tech industry.  ( 33 min )

(Bloomberg) -- The Treasury market’s nascent rally is facing its next big test: a bond auction that will help gauge whether investors are confident 2023’s selloff is over once and for all.Most Read from BloombergOpenAI Board Urged by Microsoft, Investors to Restore AltmanSpaceX Starship Explodes Though Craft Reached New MilestonesSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionAltman Sought Billions For AI Chip Venture Before OpenAI OusterHackers Are Exploiting a Flaw in Citrix So  ( 35 min )

Agilent, Analog Devices, HP, and others will also report quarterly results. Investors will also see Fed minutes from early November, as well as data on real estate, durable goods, and manufacturing.  ( 26 min )

The knife was wielded in true Silicon Valley fashion: over video call.  ( 38 min )

(Bloomberg) -- In the weeks leading up to his shocking ouster from OpenAI, Sam Altman was actively working to raise billions from some of the world’s largest investors for a new chip venture, according to people familiar with the matter. Most Read from BloombergOpenAI Board Urged by Microsoft, Investors to Restore AltmanSpaceX Starship Explodes Though Craft Reached New MilestonesSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionBill Ackman Defends Elon Musk After Backlash Over Antis  ( 36 min )

Results from the stock market's 2023 darling could drive the direction of the market in the week ahead.  ( 37 min )

(Bloomberg) -- Since OpenAI fired its co-founder and Chief Executive Officer Sam Altman on Friday, a host of players across the tech industry have come onto the scene.Most Read from BloombergOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterSpaceX Starship Explodes Though Craft Reached New MilestonesOpenAI Negotiations to Reinstate Altman Snag Over Board RoleSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionFrom c  ( 36 min )

Probate is a legal process that verifies the validity of a deceased person’s will. This includes addressing debts and distributing remaining assets. If you die without a will or a living trust, probate can substantially influence the transfer of your assets. Here's what you need to know to avoid the probate process. If you want […] The post How to Avoid Probate on Your Bank Accounts appeared first on SmartReads by SmartAsset.  ( 34 min )

Berkshire Hathaway’s latest 13F filing is a "cautious" signal for retail investors.  ( 35 min )

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Why hire a financial advisor who will take around 1% percent of your assets per year when you can get a certificate of deposit (CD) at over 5% with no fee? That alone amounts to a 6% return on your … Continue reading → The post Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor appeared first on SmartAsset Blog.  ( 36 min )

My wife and I are both 65 years old. She will retire this year and I'll work until I'm 67. We'll get about $42,000 in Social Security and have about $1 million in savings. Can we live on $90,000 per … Continue reading → The post Ask an Advisor: We're 65, Have $1 Million Saved and $42K in Social Security Benefits. Can We Live on $90K Per Year? appeared first on SmartAsset Blog.  ( 34 min )

I'm 73 and my 401(k) hasn't been doing well for the last few years. Would it be a good idea for me to withdraw my money from my 401(k) and pay the tax that I will have to pay eventually anyway, and then invest the rest of my money in CDs? -Archie Your desire for […] The post Ask an Advisor: I'm 73 and My 401(k) ‘Hasn't Been Doing Well.’ Should I Withdraw My Money and Invest in CDs? appeared first on SmartReads by SmartAsset.  ( 36 min )

I've been debating whether to pay off my mortgage. I've refinanced at 2.375% and can get a certificate of deposit (CD) for a year at 4%. I was adding to my mortgage payment by about $1,000 a month to pay … Continue reading → The post Ask an Advisor: Should I Pay off My Mortgage or Invest in CDs? I Refinanced My Mortgage at 2.375%, But I Can Get a CD at 4%. Plus, I Want to Retire in 7 Years. appeared first on SmartAsset Blog.  ( 36 min )

Retiring at 40 with $2 million is an ambitious goal, but that doesn't mean it's impossible. While you'll need a decent salary or other sources of income or wealth, saving $2 million is not out of reach. If you plan … Continue reading → The post How to Retire at 40 With $2 million appeared first on SmartAsset Blog.  ( 36 min )

The surprise disclosure of a confidential number negotiated between Google and Apple reverberated across Wall Street and Silicon Valley.  ( 37 min )

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The company doesn't have a seat on the board. What it does have is arguably more powerful.  ( 39 min )

Employer-sponsored health insurance is still a costly privilege in the US, according to new data.  ( 35 min )

Glencore has set in motion a plan to quit coal, leaving it to focus on green metals.  ( 28 min )

Strong car sales contrast with broader weakness in exports as the world economy slows.  ( 28 min )

Bank stocks are on pace for their best month in nearly three years. Analysts caution that a lot of uncertainty still lies ahead for the battered industry.  ( 37 min )

(Bloomberg) -- African governments are scrambling for dollars, and that’s creating a new dividing line for investors.Most Read from BloombergSpaceX Starship Explodes Though Craft Reached New MilestonesOpenAI Board Urged by Microsoft, Investors to Restore AltmanSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionBill Ackman Defends Elon Musk After Backlash Over AntisemitismBacklash Spreads Over Musk’s Endorsement of Antisemitic PostAmid a deepening shortage of hard currency on the cont  ( 37 min )

(Bloomberg) -- The powerful rally in small-cap stocks looks like yet another false start rather than a lasting recovery. Most Read from BloombergSpaceX Starship Explodes Though Craft Reached New MilestonesOpenAI Board Urged by Microsoft, Investors to Restore AltmanSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionBill Ackman Defends Elon Musk After Backlash Over AntisemitismBacklash Spreads Over Musk’s Endorsement of Antisemitic PostThe Russell 2000 Index — the world’s most closely  ( 36 min )

The Federal Reserve seems to be done with its aggressive interest rate hikes, economists say. That could turbocharge stocks and your 401(k).  ( 35 min )

Savvy investors know that some valuable stock sectors just don’t get the attention they deserve, and finding those underappreciated sectors is a vital skill for successful investing. Big Tech, for example, may have a reputation for taking up all the oxygen in the room, but it’s hardly the only game in town. Agribusiness is one of the underappreciated sectors. The companies that work the land, produce the fertilizers, and deliver the farm equipment that support the world’s food supply bring with  ( 37 min )

(Bloomberg) -- The S&P 500’s 9.6% rally in three weeks is looking increasingly unsustainable to some market watchers.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterSpaceX Starship Explodes Though Craft Reached New MilestonesSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionConcerns about the gauge include the fact  ( 35 min )

Explore the investment options available to and restrictions on account holders who choose a self-directed IRA as their retirement account.  ( 22 min )

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For many buyers, it's all about lower mortgage rates.  ( 24 min )

(Bloomberg) -- A rally in the ruble that’s propelling it toward the strongest since July is the latest piece of Russia’s economic jigsaw to fall into place before a widely expected tilt by Vladimir Putin at another presidential term in March elections.Most Read from BloombergSpaceX Starship Explodes Though Craft Reached New MilestonesSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionOpenAI Board Pressed by Microsoft, Investors to Restore AltmanBacklash Spreads Over Musk’s Endorsemen  ( 36 min )

Many view Warren Buffett as one of the greatest stock pickers of all time, if not the greatest, so you might be surprised to learn that he owns two ETFs in his Berkshire Hathaway (NYSE:BRK.B) portfolio. Not only that, but the only two ETFs that he owns are broad market ETFs — the Vanguard S&P 500 ETF (NYSEARCA:VOO) and the SPDR S&P 500 ETF Trust (NYSEARCA:SPY). I’m bullish on these ETFs based on their fantastic long-term track records and their low fees. Plus, if they are worthy of a spot in Buf  ( 37 min )

Rival Luckin now leads Starbucks in the world’s second-most-populous nation.  ( 24 min )

There are a few advantages, along with some significant drawbacks, to using assets targeted for your retirement to pay off your mortgage balance.  ( 27 min )

The CEO of Cruise, General Motors' robot taxi unit, on Saturday apologized for the company's situation following an accident that led to the pause of its self-driving vehicle operations. In an email to staff seen by Reuters, Cruise CEO Kyle Vogt said the firm will make a new tender offer to allow employees to sell shares, just two days after cancelling its earlier offer.  ( 32 min )

Investors pile in, but some say it is too soon to declare victory.  ( 29 min )

Seventeen states and the District of Columbia have estate or inheritance taxes or both. The rules can change from year to year.  ( 23 min )

The Logistics Managers’ Index has done a great job of explaining freight market capacity shifts over the past several years. The last few months are painting a picture of a market that is racing toward a correction. The post LMI showing transportation market flip is coming appeared first on FreightWaves.  ( 35 min )

(Bloomberg) -- OpenAI stunned employees, investors and much of Silicon Valley on Friday by ousting Chief Executive Officer Sam Altman, who more than any other figure had emerged as the face of artificial intelligence following the viral success of his company’s chatbot, ChatGPT. Almost instantly, the world’s best-known AI startup, which has been in talks to sell employee shares to investors at an $86 billion valuation, was thrown into disarray. Several people, including OpenAI President Greg Bro  ( 36 min )

On Friday, the board of OpenAI, the AI startup behind ChatGPT and other viral AI-powered hits, did something unexpected but seemingly well within its right: removed the company's CEO, Sam Altman. On Saturday evening, just over 24 hours after the OpenAI board unceremoniously announced that Altman would be replaced by Mira Murati, OpenAI's CTO, on a temporary basis, multiple publications published reports suggesting that the OpenAI board was in talks to have Altman return at the helm. Satya Nadella, the CEO of Microsoft, a major OpenAI partner, was reportedly "furious" to learn of Altman's departure "minutes" after it happened, and has been in touch with Altman -- and pledged to support him -- as OpenAI backers recruit Microsoft's aid in exerting pressure on the board to reverse course.  ( 34 min )

OpenAI’s investors are making efforts to bring back Sam Altman, the chief executive who was ousted Friday, said people familiar with the matter.  ( 31 min )

A catch-up contribution is a type of retirement contribution that allows those 50 or older to make additional contributions to their 401(k) and IRAs.  ( 23 min )

A year-end bonus or an unexpected inheritance can often result in a big tax bill. Here are some strategies to reduce the impact.  ( 27 min )

Discover how contributing to a 401(k) plan can reduce your AGI or MAGI. Also, learn how this differs from contributing to a traditional IRA.  ( 22 min )

Taxes are difficult to avoid but there are many strategies you can use to help ward them off so you can legally keep the most of your hard-earned income.  ( 28 min )

Find out whether you can take a tax deduction on the contributions you make.  ( 25 min )

If you are self-employed, you may be able to set up a tax-advantaged solo 401(k) retirement savings plan. Find out what the benefits are of this type of self-employed 401k.  ( 30 min )

Understand the difference between a qualified and non-qualified deferred compensation plan and what the benefits are of having one or both.  ( 28 min )

Understand the different types of qualified retirement plans and what they mean in terms of employee and employer contributions and payment distribution.  ( 24 min )

Learn about the various interest-bearing securities you can use to add stable, recurring income to your employer-sponsored 401(k) account.  ( 21 min )

Find out if it’s too late to contribute to a Roth IRA after you’ve already filed your income tax return.  ( 26 min )

Explore the investment options available to and restrictions on account holders who choose a self-directed IRA as their retirement account.  ( 22 min )

There are a few advantages, along with some significant drawbacks, to using assets targeted for your retirement to pay off your mortgage balance.  ( 27 min )

De Nederlandse industrie ziet de grootste daling van inkomsten sinds 2020 in het derde kwartaal van dit jaar. Vooral bij chemiebedrijven en raffinaderijen slinkt de omzet hard, blijkt uit cijfers van statistiekbureau CBS.  ( 9 min )

Ruud Sondag, de interim-baas van Schiphol, is bang dat de uiteindelijke krimp van de luchthaven nog groter zal worden nu het eerdere plan tot inkrimpen is opgeschort. Dat komt volgens hem onder meer door juridisch getouwtrek.  ( 9 min )

Oud-topman van VDL Wim van der Leegte is in de nacht van zaterdag op zondag op 76-jarige leeftijd overleden. Dat meldt zijn familie in een verklaring.  ( 10 min )

Online stemhulpen op basis van kunstmatige intelligentie schieten als paddenstoelen uit de grond. Met de ene kun je chatten over partijprogramma's, bij de andere kun je stellingen voorleggen aan politieke partijen. Alleen zijn ze niet helemaal foutvrij.  ( 11 min )

Oud-topman van VDL Wim van der Leegte is in de nacht van zaterdag op zondag op 76-jarige leeftijd overleden. Dat meldt zijn familie in een verklaring.  ( 8 min )

Investeerders in OpenAI, het moederbedrijf van ChatGPT, oefenen druk uit op het bestuur om de vrijdag ontslagen topman Sam Altman terug te halen. Dat meldden bronnen rond het bedrijf aan persbureau Bloomberg.  ( 9 min )

Socialemediaplatform X spant maandag een rechtszaak aan tegen onderzoeksgroep Media Matters en andere partijen die "een frauduleuze aanval hebben geopend op het bedrijf". Dat meldt eigenaar Elon Musk zaterdag op het platform.  ( 9 min )

Als de hogere zorgpremie je te veel pijn doet, kun je besparen door voor een hoger eigen risico te kiezen. Hiermee valt 15 a 20 euro per maand te besparen. Maar die verhoging is, zoals het woord al zegt, niet zonder risico's.  ( 11 min )

If there’s one area of the market that billionaire Microsoft (NASDAQ:MSFT) founder Bill Gates knows inside and out, it’s the technology sector. So, it caught my eye when Gates added a new tech ETF to the Trust’s portfolio, according to the 13F filings that just came out. According to the filing, the Bill and Melinda Gates Foundation Trust purchased the iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter. I’m bullish on IYW based on its compelling track record of long-term perform  ( 37 min )

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An internal memo sent to OpenAI staff and obtained by Axios and The New York Times said Altman's firing had nothing to do with "malfeasance or anything related to our financial, business, safety, or security/privacy practices." It comes as The Information reports Altman has new ventures in the works.  ( 33 min )

Former OpenAI president Greg Brockman is expected to join the effort and the project is still in development, the report added citing a person familiar with the matter. Altman could not be reached for comment and Brockman did not immediately respond to a Reuters' request for comment. Altman and Apple's former design chief Jony Ive have been discussing building a new artificial intelligence (AI) hardware device, the Information reported in September.  ( 33 min )

(Bloomberg) -- The first trade hit the tape at 9:54 a.m. The price: 38 cents on the dollar. These were the bonds of a little-known company called Enviva Inc., a wood-pellet maker in Bethesda, Maryland. Just the night before, on Nov. 8, they had closed at 64 cents. The rout deepened rapidly as the day went on, sending the bonds to as low as 31 cents.Most Read from BloombergSpaceX Starship Explodes Though Craft Reached New MilestonesSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionBa  ( 36 min )

OpenAI CEO Sam Altman's firing was over a "breakdown in communication between Sam and the board," and not "malfeasance or anything related to our financial, business, safety, or security/privacy practices," Chief Operating Officer Brad Lightcap wrote in an internal company memo Saturday morning, viewed by Reuters. The board of OpenAI, the company behind hit product ChatGPT, on Friday pushed out its high-profile CEO Altman, sending shock waves across the tech industry. The company appointed former chief technology officer Mira Murati as interim CEO.  ( 33 min )

A planned sale of OpenAI employee shares that would value the startup at about $86 billion on paper hangs in the balance after the sudden firing of CEO Sam Altman and a slew of top executive departures, the Information reported on Saturday. The tender offer, which Thrive Capital is leading, has not yet closed but has been in its final stages and was expected to be completed as soon as next month, the report added, citing a person familiar with the matter.  ( 32 min )

A recent lawsuit verdict and pending cases could dismantle the traditional commission practice of sellers paying their own real estate agent and the buyer's.  ( 38 min )

(Bloomberg) -- Hedge fund manager Bill Ackman defended Elon Musk after major advertisers pulled ads from social media site X over antisemitic commentary. Most Read from BloombergSpaceX Starship Explodes Though Craft Reached New MilestonesBacklash Spreads Over Musk’s Endorsement of Antisemitic PostAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationOpenAI Ousts Altman as CEO; Board Says It Lost Confidence in HimSilicon Valley Boardroom Coup Leads to Ouster of an AI Champ  ( 33 min )

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Individual retirement accounts (IRAs) are one of the most popular ways to save for retirement. Traditional IRAs provide tax deductions on your contributions, effectively reducing your current taxable income. In contrast, Roth IRAs are funded with after-tax dollars, allowing for tax-free withdrawals during retirement. The Internal Revenue Service (IRS) permits you to contribute to both […] The post Can You Contribute to Both a Traditional and Roth IRA? appeared first on SmartReads by SmartAsset.  ( 36 min )

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The move follows other major advertisers that have stepped back from the platform after Elon Musk posted that an antisemitic social-media post was ‘the actual truth.’  ( 29 min )

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Microsoft is standing by the OpenAI and its new head executive Mira Murati after the abrupt termination of co-founder and former CEO Sam Altman.  ( 34 min )

Acquiring $1 million in a lump sum is no simple matter and figuring out the amount of taxes due on it is also complicated. The answer depends on several factors, including the source of the money, where you live and whether Social Security and other FICA taxes apply. Individual circumstances make all the difference. In […] The post How Much Are Taxes on $1 Million? appeared first on SmartReads by SmartAsset.  ( 36 min )

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The Retirement Risk Zone is the period of time that can last from five to 10 years before and after you retire. This timeframe can have a significant impact on your retirement savings. And experts say that you should pay careful attention to your retirement savings decisions when you reach this zone. Here’s what you […] The post Retirement Risk Zone: What It Is and How to Navigate appeared first on SmartReads by SmartAsset.  ( 35 min )

Jim Chanos, one of Wall Street’s best-known bears, is shutting his hedge funds after nearly four decades, The Wall Street Journal reported Friday.  ( 22 min )

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As you approach retirement, your net worth is a key indicator of your financial preparedness. Net worth is a fundamental financial metric in retirement planning because it shows how much wealth you have accumulated and can use to support yourself after you stop working. The net worth varies according to a number of factors, including […] The post What Should Your Net Worth Be at Retirement? appeared first on SmartReads by SmartAsset.  ( 36 min )

The music mogul’s former partner accused him of mental and physical abuse, which he denied.  ( 27 min )

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Money passed down to the next generation comes with feelings of gratefulness, loss and responsibility. In addition, receiving an inheritance worth hundreds of thousands of dollars can be jarring. It offers an extraordinary opportunity to secure your financial future, but doing so requires knowledge and discipline. From assessing your current financial standing to deploying savvy […] The post How to Build Wealth With an Inheritance appeared first on SmartReads by SmartAsset.  ( 37 min )

A U.S. judge dismissed an antitrust lawsuit accusing Elon Musk's electric car company Tesla of forcing customers to pay high prices and suffer long waits for repairs by monopolizing the markets for vehicle maintenance and replacement parts. In a Friday night decision, U.S. District Judge Trina Thompson in San Francisco said customers in the proposed class action failed to show either that the alleged problems were "not generally known" when they bought their vehicles, or that they could not predict the costs to keep their vehicles running. She also said customers could not prove that Tesla coerced them into using its services and parts simply because they had bought their vehicles in the first place.  ( 34 min )

According to a Morningstar Inc. recommendation released this week, a new retiree can safely withdraw 4% of retirement savings annually over the next three decades without emptying the till.  ( 38 min )

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Only 8% of investors with $1 million consider themselves wealthy.  ( 35 min )

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Companies often need to show progress to get government cash but struggle without it.  ( 29 min )

Fed fficials cautioned there could be further tightening if the economic data merits it.  ( 27 min )

Asset managers are giving 401(k) plan participants the option to annuitize assets to provide regular income.  ( 28 min )

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(Bloomberg) -- OpenAI’s firing of Sam Altman followed wide-ranging disagreements between the chief executive officer and his board — in particular Ilya Sutskever, an OpenAI co-founder and the company’s chief scientist — according to a person familiar with the matter. Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationBacklash Spreads Over Musk’s Endorsement of Antisemitic PostOpenAI Ousts Altman as CEO; Board Says It Lost Confidence in HimHamas  ( 36 min )

The FT reported Friday that Saudi Arabia is considering prolonging production cuts into 2024, sending international and US oil prices higher.  ( 34 min )

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The executive churn at beleaguered Nikola Corp. continued with the resignation of CFO Anastasia “Stasy” Pasterick after just six months. The post Nikola CFO resigns after 6 months in role appeared first on FreightWaves.  ( 35 min )

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The president and co-founder of OpenAI, Greg Brockman, said he is quitting his role at the company after learning of CEO Sam Altman's departure Friday.  ( 33 min )

(Bloomberg) -- Jim Chanos, the legendary short-seller known for his bearish bets against Enron and Tesla Inc., is shuttering his hedge funds after almost four decades.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationBacklash Spreads Over Musk’s Endorsement of Antisemitic PostAltman Ousted From OpenAI, Board Says It Lost ConfidenceHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPho  ( 33 min )

A roundup of recent Wall Street research on stocks.  ( 27 min )

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Today's best nationwide CD rates are 5.80% from Seattle Bank and 5.76% from TotalDirectBank and Dow Credit Union, although you can score up to 5.85% with a jumbo CD.  ( 21 min )

De grootste raket ooit heeft zaterdag voor het eerst de ruimte bereikt. Toch gaat de lanceerpoging de boeken in als een mislukking voor het Amerikaanse ruimtevaartbedrijf SpaceX. Kort nadat het de ruimte had bereikt, viel het contact met het ruimtevaartuig weg.  ( 9 min )

Socialemediaplatform X spant maandag een rechtszaak aan tegen onderzoeksgroep Media Matters en andere partijen die "een frauduleuze aanval hebben geopend op het bedrijf". Dat meldt eigenaar zaterdag Elon Musk op het platform.  ( 9 min )

Socialemediaplatform X zal maandag een rechtszaak aanspannen tegen onderzoeksgroep Media Matters en andere partijen die "een frauduleuze aanval hebben geopend op het bedrijf". Dat meldt X-eigenaar zaterdag Elon Musk op het platform.  ( 9 min )

Bekende winkels verkopen steeds vaker online de artikelen van andere aanbieders. In november ging ook Kruidvat overstag. De drogisterij verkoopt via de website nu ook producten voor de kinderkamer.  ( 10 min )

Apple en Disney stoppen voorlopig met het adverteren op X wegens antisemitisme op het socialemediaplatform, meldt nieuwswebsite Axios. Eerder gaven onder meer technologieconcern IBM en entertainmentbedrijf Lionsgate al te kennen niet meer op X te adverteren.  ( 9 min )

Sam Altman vertrekt als CEO van Open AI, maakt het technologiebedrijf achter ChatGPT vrijdag bekend. De raad van bestuur van OpenAI heeft het vertrouwen in hem opgezegd na een "weloverwogen evaluatieproces".  ( 10 min )

Hoewel de opvolger van sms al vijftien jaar bestaat, gaat de iPhone deze techniek vanaf volgend jaar ondersteunen. Waarom dan pas?  ( 10 min )

Section 7702 of the U.S. Tax Code defines what the government deems to be a legitimate life insurance contract for tax purposes.  ( 23 min )

While Roth IRAs aren’t intended for active trading, experienced investors can use stock options to hedge positions or generate extra income.  ( 24 min )

ChatGPT maker OpenAI announced that Sam Altman has left the company after the company's board lost confidence in his leadership and transparency.  ( 19 min )

Today's best nationwide CD rates are 5.80% from Seattle Bank and 5.76% from TotalDirectBank and Dow Credit Union, although you can score up to 5.85% with a jumbo CD.  ( 19 min )

ChatGPT maker OpenAI announced that Sam Altman has left the company after the company's board lost confidence in his leadership and transparency.  ( 1 min )

Chanos expects to return most of his investors' cash by Dec. 31, it said. "It is no secret that the long/short equity business model has come under pressure and interest in fundamental stock pickers has waned," Chanos wrote in a letter sent to investors and obtained by Bloomberg News. Chanos is best known for his bets against energy trader Enron many months before the company's December 2001 bankruptcy amid an accounting scandal.  ( 33 min )

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The S&P 500, at 4514, has cracked every important level as it has risen from its recent low. If it breaks through 4520, then it should be off to the races.  ( 25 min )

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Cisco Systems Inc (NASDAQ: CSCO) topped profit expectations with its quarterly results but slashed its fiscal year earnings outlook on the account of its consumers being busy implementing the offerings they received over the previous quarters. The weak guidance overshadowed quarterly results, with shares of the networking giant falling as much as 13% upon Wednesday’s report. Fiscal First Quarter Highlights For the quarter ended on October 28th, revenue rose 7.6% YoY to $14.67 billion. Networking  ( 35 min )

Chief executive Jane Fraser’s overhaul of Wall Street bank could result in thousands of job cuts  ( 6 min )

Pasterick was appointed to the role in March this year after the exit of Kim Brady, who was credited with taking Nikola public through a merger with a blank-check firm in 2020. The company expects to wrap up its search for a new CFO soon and Pasterick will assist with a transition through Dec. 1, it said. Key financial leaders will report to CEO Stephen Girsky in the interim.  ( 34 min )

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Spirit Airlines (NYSE:SAVE) stock is flying high today, but you don’t need to get pulled into a bad trade. The often-discussed merger prospects might stir up some excitement about Spirit Airlines, but I am bearish on SAVE stock because the company’s financials are problematic, and an acquisition is far from assured. Florida-headquartered Spirit Airlines is a well-known airline carrier that’s had some turbulence in 2023. Sure, this could be said about U.S. carriers generally, given the shortage o  ( 35 min )

Berkshire Hathaway's record $157 billion cash pile is a warning sign for investors, Portfolio Wealth Advisors' Lee Munson said.  ( 35 min )

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Chief technology officer Mira Murati has been appointed interim CEO.  ( 24 min )

Here’s our weekly roundup of the most-read articles at Barron’s Advisor.  ( 22 min )

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A new report claims that Apple has again paused advertising on social media powerhouse X, in protest of owner Elon Musk's promotion of, and Apple's advertising adjacent to, antisemitic content.  ( 35 min )

Palantir (NYSE:PLTR) finds itself uniquely positioned at the right place at the right time, helping its customers navigate an increasingly complex geopolitical and risk-oriented environment. The escalating demand for Palantir’s cutting-edge software solutions has translated into strong financials and a growing client base, setting the stage for lasting expansion. S&P 500 (SPX) inclusion has now become possible as well. Thus, further upside is not unlikely despite the stock’s 221.8% YTD rally. I  ( 36 min )

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(Bloomberg) -- Don’t be fooled by Friday’s sharp relief rally in oil and gas equities as the picture is still bleak for crude supply and demand. Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationBacklash Spreads Over Musk’s Endorsement of Antisemitic PostOpenAI Ousts Altman as CEO; Board Says It Lost Confidence in HimHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsOpenAI Ousts Altman After Clashes Over AI Safety, Making MoneyEn  ( 35 min )

Electric vehicle charging provider ChargePoint Holdings replaced top executives and warned it would miss revenue projections for the third quarter, sending its shares down 35%. ChargePoint, which operates one of the largest EV charging networks in the U.S., on Thursday said its markets in the U.S.  ( 23 min )

Gary Shilling, a veteran economist and money manager who called the mid-2000s housing crash, says he's betting against stocks and commodities.  ( 34 min )

Rising U.S. government debt and fiscal deficits that have helped lift government bond yields this year will likely become secondary factors for investors, as their focus shifts to economic fundamentals, Citi analysts said. Concerns over increased government bond supply and larger fiscal deficits contributed to a surge in government bond yields - which move inversely to prices - to 16-year highs this year, while pushing rating agencies Fitch and Moody's to turn negative on U.S. government creditworthiness. Even though those challenges are unlikely to recede, investors will eventually grow accustomed to the risks, partly because of lack of alternatives given the U.S. dollar's status of global reserve currency and the depth and liquidity of the U.S. government bond market, said Nathan Sheets, global chief economist at Citi.  ( 34 min )

Trucking and logistics companies are seeing a massive downturn. FreightWaves has reported on the biggest shutdowns and layoffs since 2022. The post Layoffs and bankruptcies pile up in logistics amid shocking downturn appeared first on FreightWaves.  ( 44 min )

NEW YORK (Reuters) -Citigroup employees expect announcements about management changes and layoffs on Monday in the next phase of the bank’s sweeping reorganization, according to four people familiar with the situation. Employees are awaiting more details about the scale of layoffs at the bank, which employs 240,000 people worldwide. Citigroup declined to comment.  ( 34 min )

Lower stock prices could create deal opportunities for private equity firms or bigger players in the space.  ( 37 min )

At least one shareholder is calling for Tesla's board to censure Musk  ( 30 min )

The biggest wind turbines are larger than the Empire State Building. They're getting bigger every year because longer blades grab more wind and create more power compared to the increased material costs. Massive turbines typically lower the cost of wind farms because they require fewer turbines to create the desired capacity. But giant turbines are expensive and raise aesthetic concerns as they can dominate skylines. A startup company backed by business magnate Bill Gates aims to change both the  ( 34 min )

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The allure of sunshine, low taxes and low housing prices have been attracting people to Florida for decades, but high insurance premiums are beginning to reverse the trend. The U.S. Census Bureau shows that nearly 276,000 people left Florida in 2022, and it's believed that skyrocketing insurance premiums motivated many of the departures. The study showed most of the former Florida residents remained in the sun belt, moving to states like North Carolina, Georgia, Tennessee and Texas. Those states  ( 34 min )

Dubbed the Oracle of Omaha, Warren Buffett is renowned for his simple and frugal lifestyle. Despite being the sixth richest person globally, with a net worth estimated at $120 billion, Buffett continues to live in the same modest home in Omaha that he purchased in 1958 for just $31,500. Adjusted for inflation, that amount today would be approximately $328,990.80, a mere 0.000279% of his total net worth. Buffett has consistently ranked the purchase of his home as the third-best investment he has  ( 35 min )

In the financial game, capital gains tax can feel like a persistent hurdle, chipping away at your investment returns year after year. But there’s good news: With a bit of know-how and some smart planning, you can minimize its bite. Capital gains tax is essentially a tax on the profit earned from selling assets like stocks, bonds, and real estate. While it can pose a substantial cost for investors, there are legitimate methods to reduce or avoid this tax altogether. How Is Capital Gains Tax Calcu  ( 35 min )

Warren Buffett is the fifth-richest man in the world, according to the Forbes Real Time Billionaires Index, and one the most successful investors of this age. His company, Berkshire Hathaway Inc., reported a 40% rise in operating earnings in the third quarter. Berkshire Hathaway also reported a record $157.2 billion cash holding as of Sept. 30. The majority of Buffett's earnings came from his insurance business, with Geico reporting total underwriting earnings of over $1 billion in the last quar  ( 36 min )

Mortgage rates continue to yo-yo wildly this week—with another dramatic drop Thursday. Plummeting a third of a percentage point, the 30-year mortgage average is at a 9-week low.  ( 19 min )

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U.S. equities were little changed at midday on Friday, Nov. 17, 2023, but headed for a winning week as reports on inflation slowing lifted optimism the Fed would not hike rates further.  ( 18 min )

ChargePoint Holdings' stock slumped by nearly 38% to a record low on Friday after the electric vehicle (EV) charging network slashed its third quarter revenue forecast and replaced key executives. ChargePoint expects revenue to drop to between $108 million and $113 million, far below a previous forecast of between $150 million and $165 million, owing to weak demand caused by delays in electric vehicle deliveries in North America and Europe, the company said after the closing bell on Thursday. California-based ChargePoint also announced that longtime Chief Executive Pasquale Romano will be replaced by Rick Wilmer, its chief operating officer, effective immediately.  ( 34 min )

A nonprofit that monitors online hate speech urged a U.S. federal judge to throw out what it called a "ridiculous" lawsuit by Elon Musk's X Corp to stifle free expression. X, formerly Twitter, sued the Center for Countering Digital Hate in July, accusing it of trying to drive advertisers away through a "scare campaign" showing hate speech and other harmful content appeared to be overwhelming the platform. This week, Musk, the world's richest person, sparked an outcry after endorsing as "the actual truth" an antisemitic post on X that falsely accused Jews of hating white people.  ( 34 min )

Warren Buffett’s journey to success began early, marked by a keen interest in investing and learning from mentors like Benjamin Graham. He transformed Berkshire Hathaway Inc. from a textile company into a massive conglomerate, leveraging his value investing philosophy. Buffett’s disciplined approach to investments and business decisions made him one of the most successful investors of the 20th century. His unique approach to productivity and time management, especially in guiding his employees,  ( 35 min )

Viatris is the old generic drug company Mylan, acquired by Pfizer and merged with its Upjohn division. The stock has been falling ever since the deal closed.  ( 31 min )

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Two companies behind the supplements brand Balance of Nature had flouted years of warnings, the FDA said.  ( 35 min )

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If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy Generally, the answer here is no. There's typically no method to totally dodge taxes on … Continue reading → The post Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartAsset Blog.  ( 35 min )

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↗️ Gap (GPS): The clothing retailer’s stock rose 20% after [quarterly profit and revenue](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-11-16-2023/card/gap-stock-jumps-after-earnings-top-expectations-P1dqTHoqHsTjyY0zXpKw?mod=finance_l  ( 23 min )

After a solid season of third-quarter results, a couple of retailers and Nvidia stock highlight the earnings calendar on Thanksgiving week.  ( 15 min )

Larger technology stocks have burst higher, but it isn't the right time to unload them.  ( 27 min )

The comments from Ma's office come a day after a regulatory filing showed that his family trust was set to sell 10 million American Depository Shares of Alibaba Group Holdings, for about $871 million. The phased sale is part of a long-standing "preset conditional plan to do a partial sell-down for the future" that was adopted in August, but "not a single share has been sold," the publication quoted Ma's office as saying. Alibaba did not respond to a Reuters request for comment.  ( 34 min )

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The prospect of a looming recession has been in the background for a while now. Financial prognosticators have generally agreed that one will hit eventually, although its timing and magnitude remain open to debate. But for those concerned about a recession’s impact on the economy and the markets, one legendary Wall Street name has a reassuring take on the matter. Billionaire Steve Cohen, who runs hedge fund Point72 Asset Management, a firm with $31.4 billion of assets under management, expects a  ( 37 min )

(Bloomberg) -- ChargePoint Holdings Inc. shares plummeted in early trading after the company posted disappointing quarterly revenue and swapped out two of its top executives.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsBacklash Spreads Over Musk’s Endorsement of Antisemitic PostApple Plans to Make It Easier to Text Between iPhones and AndroidsApple’s Effort to Replace Qualcom  ( 35 min )

Citing new U.S. export rules on chips, Alibaba cancelled its hotly-anticipated cloud unit spinoff on Thursday in a shock move.  ( 24 min )

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EV-charging company ChargePoint sees third-quarter sales far below Wall Street estimates. Investors aren't happy.  ( 23 min )

Just as Applied Materials (ticker: AMAT) was posting results, Reuters reported that it was under investigation for sending products to a Chinese company without the required licenses.  ( 22 min )

Renault, DHL and more in the latest Market Talks covering the Auto and Transport sector.  ( 26 min )

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(Bloomberg) -- The red flags were flying all around Randy Miller. He’d already had bouts with bankruptcy. He’d been accused — not once, but three times — of defrauding business associates. He pointed to a partnership with international soccer powerhouse Manchester United, even though the other ties to professional teams he cited were over three decades old. Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is  ( 39 min )

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The SEC continues to delay decisions on applications for spot Bitcoin ETFs, a key catalyst for crypto markets.  ( 23 min )

More homeowners are falling behind on their mortgage payments at Nationwide, the lender has said.  ( 33 min )

Manufacturers need to cut costs as electric-vehicle inventories pile up, but this is easier said than done.  ( 28 min )

Shares of Applied Materials fall following a report that says the Justice Department has begun a criminal probe of the semiconductor maker, Gap's adjusted earnings top estimates, and ChargePoint drops sharply after a revenue warning and CEO change.  ( 23 min )

(Bloomberg) -- Fallout from an Elon Musk post endorsing antisemitic views continues to spread, with Tesla Inc. investors criticizing the billionaire and more advertisers fleeing his social media platform X.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and Androids‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers: Markets Wra  ( 35 min )

(Bloomberg) -- Investors should offload risky assets after recent gains as technical and macroeconomic headwinds are building, according to Bank of America Corp.’s Michael Hartnett.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and AndroidsApple’s Effort to Replace Qualcomm Chip in iPhone Falls Further BehindAlibaba Dives $2  ( 35 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 15 min )

(Bloomberg) -- Jack Ma is preparing one of his biggest Alibaba Group Holding Ltd. stake reductions in recent years, and the timing could hardly be worse.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and Androids‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers: Markets WrapApple’s Effort to Replace Qualcomm Chip in iPhone Fa  ( 34 min )

Shares of Swedish auto maker Volvo Cars fell 14% on Friday as its top owner, China's Geely, sold parts of its holdings at a deep discount to the previous day's closing price. Geely on Thursday launched a placing of some 100 million Volvo Cars shares, which the deal's bookrunner later said was sold at a price of around 37 Swedish crowns each, or around $350 million in total. Volvo Cars' share price fell to a low of 35.25 Swedish crowns, an all-time low, before recovering slightly.  ( 34 min )

(Bloomberg) -- Alibaba Group Holding Ltd.’s market value has slumped to only about half that of rival Tencent Holdings Ltd. as the former’s e-commerce-centric business faces sluggish demand and intensified competition.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and Androids‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers:  ( 34 min )

Larger technology stocks have burst higher, but it isn't the right time to unload them.  ( 27 min )

(Bloomberg) -- Oil headed for a fourth weekly loss after sinking into a bear market as signs of healthy supplies and rising stockpiles offset attempts by OPEC+ leaders Saudi Arabia and Russia to keep declines in check.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and Androids‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers:  ( 35 min )

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(Bloomberg) -- Xi Jinping’s message that China wants to roll out the red carpet for foreign businesses stands in stark contrast to the increasing difficulties many companies experience on the ground. Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and Androids‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers: Markets WrapApple  ( 36 min )

As the tech rally broadens out further, many investors may be inclined to spread their bets beyond the mega-cap darlings that have hogged the headlines for their impressive year-to-date performance. Amid the recent bout of market strength, Wall Street analysts have been quite busy, raising the bar on some tech stocks (such as AMD, SNOW, and MBD) that now seem to have a clearer path higher. In this piece, we’ll use TipRanks’ Comparison Tool to check out three tech stocks that sport “Strong Buy” r  ( 37 min )

Gold prices held steady on Friday but headed for their biggest weekly gain in four as the dollar and Treasury yields weakened amid growing expectations that the U.S. Federal Reserve is done with its monetary policy tightening. Spot gold was steady at $1,980.20 per ounce by 2:45 p.m. ET (1945 GMT) after rising to a two-week high earlier in the session. Prices were up about 2.2% so far this week.  ( 34 min )

(Bloomberg) -- The savage sell-off that hit Treasuries in prior months was driven by concerns a buyers’ strike had hit the $26 trillion bond market. It’s now confirmed: at least one set of investors headed for the exits back in September.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and Androids‘Fed-Friendly’ Data Lift Bond  ( 33 min )

SHANGHAI (Reuters) -Li Auto said on Friday it will start mass production and delivery of its first fully electric car in February, as the up-and-coming Chinese automaker bets on fast-charging technology to solve range anxiety for EV users. Li Auto said its MEGA multi-purpose vehicle (MPV), with a waterdrop-shaped front design, is to be equipped with 800-volt charging architecture and Chinese battery giant CATL's latest Qilin batteries. The combination would give the MEGA a range of 500 km (310 miles) on a 12-minute charge, the company said.  ( 35 min )

The Hong Kong-listed shares of Alibaba Group were set to fall 7.8% on Friday after it scrapped plans to spin off its cloud business, citing uncertainties over U.S. restrictions on chips used in artifical intelligence applications. The stock was set to open at HK$75.0, the first reaction in Asia since the announcement late on Thursday. The company's U.S. listed securities closed down 9%.  ( 33 min )

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ChatGPT maker OpenAI announced that Sam Altman has left the company after the company's board lost confidence in his leadership and transparency.  ( 1 min )

Eli Lilly announced it would spend $2.5 billion to build its first pharmaceutical manufacturing facility in Germany.  ( 1 min )

Employer-provided health insurance expenses spiked this year as inflation and weight-loss drugs elevated costs.  ( 1 min )

Mechanics on strike against Tesla in Sweden were joined by dockworkers as union pressure against the EV maker mounts.  ( 1 min )

Despite better-than-expected earnings, Applied Materials shares fell following reports it's under investigation by the Justice Department for potential violations of export restrictions.  ( 1 min )

The S&P 500 rose 0.1% on Friday, Nov. 17, 2023, and other major indexes were also little changed, but they all posted solid gains for the week amid positive inflation news.  ( 1 min )

United Auto Workers union members voted to ratify new contracts with Ford and Stellantis.  ( 1 min )

U.S. equities were little changed at midday on Friday, Nov. 17, 2023, but headed for a winning week as reports on inflation slowing lifted optimism the Fed would not hike rates further.  ( 1 min )

Stock futures were up in premarket trading Friday as Treasury yields retreated further amid increased optimism the Federal Reserve is done raising interest rates.  ( 1 min )

U.S. President Joe Biden signed a temporary spending bill averting a government shutdown and Applied Materials shares fell following reports the U.S. government is investigating it for potential violations of export restrictions. Here’s what investors need to know today.  ( 1 min )

With CDs paying record rates in 2023, it's probably no surprise that Investopedia readers say they'd favor CDs two-to-one over cash savings if they had an extra $10,000.  ( 17 min )

To recommend the best Medicare companies, we evaluated nine leading insurers across 22 criteria, including cost, additional coverage, customer experience, and more.  ( 24 min )

ChatGPT maker OpenAI announced that Sam Altman has left the company after the company's board lost confidence in his leadership and transparency.  ( 17 min )

The S&P 500 rose 0.1% on Friday, Nov. 17, 2023, and other major indexes were also little changed, but they all posted solid gains for the week amid positive inflation news.  ( 17 min )

Markets may be betting the Federal Reserve’s campaign of anti-inflation rate hikes is over, but at least one official isn’t so sure.  ( 18 min )

Eli Lilly announced it would spend $2.5 billion to build its first pharmaceutical manufacturing facility in Germany.  ( 17 min )

Employer-provided health insurance expenses spiked this year as inflation and weight-loss drugs elevated costs.  ( 19 min )

United Auto Workers union members voted to ratify new contracts with Ford and Stellantis.  ( 17 min )

Mechanics on strike against Tesla in Sweden were joined by dockworkers as union pressure against the EV maker mounts.  ( 17 min )

Food insecurity has a negative impact on an economy as it causes productivity loss for several reasons. Learn more about the long-term effects of regular hunger.  ( 23 min )

President Biden's economic theory rejects trickle-down economics and is a central point of his reelection campaign.  ( 28 min )

Contributions to a traditional IRA can reduce your adjusted gross income (AGI), but Roth IRA contributions do not.  ( 27 min )

If you're at a small company, you may be offered a SIMPLE IRA retirement plan. Contribution limits are lower, but vesting is instant, with other benefits.  ( 24 min )

Housing starts were up a better-than-expected 1.9% in October, while single-family building permits moved higher for the ninth-straight month, a sign that builders are gaining confidence.  ( 17 min )

Mortgage rates continue to yo-yo wildly this week—with another dramatic drop Thursday. Plummeting a third of a percentage point, the 30-year mortgage average is at a 9-week low.  ( 19 min )

U.S. equities were little changed at midday on Friday, Nov. 17, 2023, but headed for a winning week as reports on inflation slowing lifted optimism the Fed would not hike rates further.  ( 17 min )

The federal estate tax exemption is the amount excluded from estate tax when a person dies. It's increased to $13.61 million in 2024, up from $12.92 million in 2023.  ( 26 min )

A self-directed individual retirement account (SDIRA) is a type of IRA, managed by the account owner, that can hold a variety of alternative investments.  ( 28 min )

Shares of Ross Stores surged after posting earnings, revenue, and comparable store sales that beat estimates as consumers sought out lower prices.  ( 17 min )

Those who pay work-related expenses can save literally thousands on their taxes by establishing an FSA account and making regular 401(k) contributions.  ( 25 min )

Gap shares soared to their highest level in almost two years as the apparel retailer beat quarterly estimates, although it warned about the upcoming holiday season.  ( 17 min )

The annual percentage yield (APY) is the effective rate of return on an investment for one year taking compounding interest into account.  ( 27 min )

Roth IRAs and 457 retirement plans offer different tax advantages, and you may be eligible to contribute to both.  ( 27 min )

Mark to market (MTM) is a method of measuring the fair value of accounts that can fluctuate over time, such as assets and liabilities.  ( 26 min )

Robinhood has hiked the interest rate for its best customers' cash to 5.00% APY. That's great for a brokerage account, but the best savings accounts pay even more.  ( 21 min )

Refinancing your car loan can lower your monthly payment and interest rate. Learn how you can save money by refinancing your car loan.  ( 26 min )

President Joe Biden signed a stopgap spending bill to avert a government shutdown ahead of Friday's deadline that will keep the government funded until early next year.  ( 17 min )

Bankruptcy can help you get a fresh start, but some types of debt are not alleviated when you file for bankruptcy. Several others are very difficult to get discharged.  ( 27 min )

Title transfers can negatively affect taxes, and costs vary by state, which should be considered before transferring a house to your child.  ( 22 min )

Despite better-than-expected earnings, Applied Materials shares fell following reports it's under investigation by the Justice Department for potential violations of export restrictions.  ( 18 min )

Here are the limits for contributions and the income thresholds for individual retirement accounts for the 2023 and 2024 tax years.  ( 29 min )

Property tax is an ad valorem tax assessed on real estate by a local government and paid by the property owner.  ( 25 min )

U.S. President Joe Biden signed a temporary spending bill averting a government shutdown and Applied Materials shares fell following reports the U.S. government is investigating it for potential violations of export restrictions. Here’s what investors need to know today.  ( 18 min )

Net investment income (NII) is the total of payments received from assets such as bonds, stocks, and mutual funds, loans, minus the related expenses.  ( 27 min )

Form 1099-R is an IRS tax form used to report distributions from annuities, profit-sharing plans, retirement plans, or insurance contracts.  ( 29 min )

Defined-benefit plans are funded by employers, while employees make contributions to defined-contribution plans to save for retirement.  ( 26 min )

Today’s best nationwide CD rates are 5.80% APY, offered by Credit Human and Seattle Bank, and 5.76% APY, available from TotalDirectBank and Dow Credit Union.  ( 19 min )

Supermarktketens Jumbo en Albert Heijn stoppen met de naam crompouce, bevestigen woordvoerders van beide ketens na berichtgeving van De Telegraaf. Het populaire product blijft wel in de schappen van beide supermarkten liggen, maar krijgt een andere naam.  ( 8 min )

Medewerkers van de politie krijgen er vanaf juli volgend jaar gemiddeld 9,5 procent meer loon bij. Ook gaan hun arbeidsvoorwaarden erop vooruit. Dat is het resultaat van cao-onderhandelingen, die vrijdag tot een einde kwamen.  ( 9 min )

Het UWV hoeft bij de beoordeling van mensen die een beroep doen op een arbeidsongeschiktheidsuitkering (WIA) voorlopig alleen te kijken naar hoeveel zij op dit moment verdienen. De schatting van hoeveel een persoon nog zou kúnnen verdienen vervalt tijdelijk.  ( 9 min )

De gemeente Voorschoten heeft een boete gekregen van de privacytoezichthouder Autoriteit Persoonsgegevens (AP). De gemeente bewaarde informatie over afval van individuele huishoudens veel langer dan nodig was. Daarom moet de gemeente 30.000 euro betalen.  ( 9 min )

De Europese Commissie plaatst voorlopig geen advertenties op X, het voormalige Twitter dat sinds een jaar in handen is van Elon Musk. De Commissie is bezorgd over de grote hoeveelheid desinformatie en haatberichten die op het platform worden gedeeld.  ( 9 min )

Vliegtuigen krijgen straks niet alleen maar fossiele brandstof in de tank als ze op Rotterdam The Hague Airport tanken. De luchthaven zal vanaf volgend jaar voor een klein deel ook duurdere biobrandstof door de kerosine mengen.  ( 9 min )

De exploitant van industrieterrein Chemelot in Geleen moet vrezen voor een boete van 7,5 miljoen euro, waarvan 5 miljoen voorwaardelijk. Doordat de uitbater geen goede toezichthouder was, konden volgens het Openbaar Ministerie meerdere ernstige ongelukken gebeuren.  ( 9 min )

Het vogelgriepvirus dat vorige week werd ontdekt in een leghennenbedrijf in het Utrechtse Renswoude is een nieuwe variant. Ongeveer 65.000 kippen moesten worden geruimd. Ook wilde eenden en ganzen kunnen het virus overdragen.  ( 9 min )

Het wordt voor Europese landen moeilijker om plastic afval te verschepen naar landen buiten de Europese Unie. Het Europese Parlement heeft samen met de lidstaten overeenstemming bereikt over aanscherping van de regels.  ( 9 min )

Rusland verkocht vorige maand voor 13 miljard dollar (12 miljard euro) aan olie, meldt het Russische ministerie van Financiën. Dat was meer dan voor de invoering van sancties die de olieopbrengsten van het land moesten raken.  ( 10 min )

Vrijdag is 's werelds grootste Zara-winkel opengegaan aan de Coolsingel in Rotterdam. De winkel van de kledinggigant heeft vijf verdiepingen en een totale oppervlakte van 9.000 vierkante meter.  ( 9 min )

Het plan om kinderopvang gratis te maken is voorlopig mislukt. Volgens de kinderopvangbranche hebben ze daar ook niet genoeg personeel voor. Liever zien de organisaties dat kinderopvang voor middeninkomens goedkoper wordt en de opvang ook toegankelijk wordt voor mensen zonder werk.  ( 10 min )

De omslag naar schonere energie gaat niet zonder slag of stoot. Dat merken ook verkopers van zonnepanelen, die de markt de laatste maanden zien instorten. Tegelijkertijd is de bouw van enkele grote windparken stilgelegd, door tegenvallende kosten.  ( 12 min )

Je hebt vanaf volgend jaar WhatsApp niet meer nodig om foto's en video's van een Android-smartphone naar een iPhone te sturen en andersom. Apple voorziet zijn iPhones van zogenoemde RCS-ondersteuning, de opvolger van de sms.  ( 9 min )

De omslag naar schonere energie gaat niet zonder slag of stoot. Dat merken ook verkopers van zonnepanelen, die de markt de laatste maanden zien instorten. Tegelijkertijd is de bouw van enkele grote windparken stilgelegd, door tegenvallende kosten.  ( 11 min )

In delen van Almere kunnen nieuwe huizen niet meer worden aangesloten op het stroomnet, doordat het te vol is. Dat hebben netbeheerders onlangs laten weten aan het gemeentebestuur, dat zegt geschokt te zijn door de mededeling.  ( 9 min )

IBM stopt met adverteren op het socialemediaplatform X. Advertenties van het technologiebedrijf waren zichtbaar onder berichten waarin nazi-Duitsland en de ideeën van Adolf Hitler werden opgehemeld.  ( 8 min )

De Italiaanse regering verbiedt de verkoop van vlees dat in een laboratorium is gekweekt. Het parlement stemde donderdag in met een wet die deze nieuwe vorm van vlees uit de Italiaanse winkelschappen moet houden.  ( 9 min )

De Italiaanse regering verbiedt de verkoop van vlees dat in een laboratorium is gekweekt. Donderdag werd duidelijk dat het parlement instemt met een wet die deze nieuwe vorm van vlees uit de Italiaanse winkelschappen moet houden.  ( 9 min )

"We expect employees who are being considered for promotion to be in compliance," said an Amazon spokesperson.  ( 34 min )

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A growing number of student loan borrowers in dire financial straits are discharging their debts through bankruptcy—a feat that was nearly impossible until the administration of President Joe Biden changed the rules last year.  ( 20 min )

A federal judge in Nevada has dealt another legal setback to Native American tribes trying to halt construction of one of the biggest lithium mines in the world. U.S. District Judge Miranda Du granted the government’s motion to dismiss their claims the mine is being built illegally near the sacred site of an 1865 massacre along the Nevada-Oregon line.  ( 36 min )

The chip equipment maker beat Wall Street estimates, but its stock dropped on new report of Federal probe.  ( 22 min )

Anheuser-Busch announced that its chief marketing officer for the U.S. is on his way out, months after Bud Light's controversial partnership with Dylan Mulvaney.  ( 35 min )

(Bloomberg) -- Applied Materials Inc., the largest US maker of chipmaking machinery, slid in late trading following a report that it faces a US criminal investigation for violating export restrictions to China. Most Read from BloombergHamas Mastermind Who Tricked Israel Is Top Target in Gaza Tunnels‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers: Markets WrapApple Plans to Make It Easier to Text Between iPhones and AndroidsBiden, Xi Declare Progress After Concluding Four-Hour SummitXi Says Chin  ( 34 min )

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Shares of Intel rose by more than 6% on Thursday, hitting their highest level in 17 months, after analysts at Mizuho Securities upgraded the semiconductor giant to "buy," citing prospects of increased revenue from forthcoming chips and new production facilities. Intel is set to unveil new data center and artificial intelligence chips during a "prolific product launch year" in 2024 as well as open new chip-making facilities, Mizuho analysts led by automotive and semiconductor specialist Vijay Rakesh said in an investor note on Wednesday. Mizuho upgraded Intel's stock to "buy" from "neutral" and raised their price target to $50 from $37.  ( 34 min )

Advance Auto Parts reported another "kitchen sink" quarter, and its stock slumped. Wall Street analysts aren't totally convinced of a turnaround.  ( 26 min )

Semiconductor equipment maker Applied Materials is under U.S. criminal investigation for potentially evading export restrictions on China's top chipmaker SMIC, according to three people familiar with the matter. The largest U.S. semiconductor equipment maker is being probed by the Justice Department for sending hundreds of millions of dollars of equipment to SMIC without export licenses, one source, who requested anonymity because of the sensitivity of the investigation, said. Reuters is reporting details of the probe for the first time.  ( 35 min )

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Warren Buffett, the venerated investor and CEO of Berkshire Hathaway, is set to amass over $6 billion in dividend income in the coming year, with a significant portion of this windfall emanating from just three stocks. This substantial income stream underscores the effectiveness of Buffett's investment strategy, one that favors profitability and long-term value. Top Dividend Earners in Buffett’s Portfolio Buffett’s predilection for dividend-bearing stocks isn’t just a matter of preference; it’s  ( 36 min )

"A lot of people will feel left out of the system," warned the AI-savvy tech investor Brad Gerstner, head of Altimeter Capital.  ( 35 min )

General Electric stock is on fire, on track for its highest close in more than five years. Figuring out why shares of the American industrial conglomerate are rallying is a little more difficult.  ( 25 min )

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Crude oil prices remained under pressure on Thursday as worries over bloated inventories, a bad technical setup, and demand fears weighed on investors.  ( 35 min )

Donald Trump’s social network is facing “substantial doubt” over its future as it seeks to renegotiate debt repayments, according to US filings.  ( 35 min )

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Amazon will begin selling Hyundai vehicles online in the U.S. starting next year, the two companies said on Thursday. Customers will be able to shop for, equip and buy a car at Amazon.com and schedule delivery through a local Hyundai dealer, the companies said. The agreement is an expansion of a deal announced two years ago to expand Hyundai's digital showroom on Amazon.com, enabling customers to configure a vehicle, calculate the price and locate a dealer to complete the sale.  ( 34 min )

“I think the Fed’s overdone it. I think we’re going to see a lot more deflation going forward,” the ARK Invest CEO and founder said this week.  ( 35 min )

Lucid, known for its flagship Air luxury electric sedan, unveiled the much-awaited Gravity sport utility vehicle on Thursday, driving the startup into a lucrative section of the U.S. auto industry amid growing caution over slowing EV demand. Though the 5.3-meter-long, three-row Gravity will come with a battery pack similar to the Air, the vehicle has been designed on a new platform from the ground up, Lucid's Chief Executive Officer Peter Rawlinson told Reuters at a preview this month. "The Gravity will significantly expand our market opportunity, and open up a total addressable market that is nearly 3X larger and growing," Rawlinson told analysts on a post-earnings conference call last week.  ( 34 min )

Warren Buffett's Berkshire Hathaway has kept secret a billion-dollar stock investment, prompting speculation about what shares it bought.  ( 26 min )

In 2017, at the Daily Journal Corporation Annual Meeting, Charlie Munger, renowned for his investment expertise and role as Berkshire Hathaway’s vice chairman, addressed a range of topics, offering insights that extended beyond the financial realm. The Daily Journal Corporation, a significant legal affairs publishing company in Los Angeles, provided the setting for Munger’s discourse​​. During the meeting, Munger, then 93, replicated the essence of a Berkshire Hathaway shareholder meeting, delvi  ( 35 min )

Brewer looks to win back its core buyers.  ( 34 min )

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In my 401(k) retirement plan, I’m 82% stocks. I’m 65 and still working. Should I be moving my stocks to bonds? -Bob While it's not a satisfying answer, the real answer is that "it depends." The decision of whether to shift your 401(k) to a more conservative asset allocation will depend primarily on your longer-term […] The post Ask an Advisor: ‘Should I Be Moving Stocks to Bonds?’ I’m 65 and Have 82% of My 401(k) in Equities appeared first on SmartReads by SmartAsset.  ( 35 min )

My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.  ( 36 min )

Microsoft is pushing its AI software but it is also making advances in hardware. That could lessen its dependence on Nvidia and other chip makers such as AMD.  ( 23 min )

Opportunity still remains at Cisco but investors needed to be patient, say analysts and wait for its integration of Splunk.  ( 21 min )

Oil futures are losing further ground, with WTI for December delivery off 2.9% at $74.44 a barrel. The decline follows yesterday's EIA report of a 17.5 million-barrel build in crude stocks in the two weeks ended Nov. 10. "The overhang of climbing inventories and technical weakness continues to ham  ( 15 min )

Intel upgraded, Target downgraded: Wall Street's top analyst calls  ( 35 min )

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Citi downgraded Plug Power stock to Hold from Buy. It was at least the seventh downgrade since the company issued a going-concern warning.  ( 23 min )

The US dollar continues to consolidate against the Japanese yen, as we are a bit extended at extreme highs.  ( 35 min )

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Walmart continues to see US consumers look for value amid sticky inflation.  ( 35 min )

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New York shares of the Chinese e-commerce giant were down premarket after it said it would abandon its cloud segment spinoff plan.  ( 27 min )

Mizuho Securities analyst Vijay Rakesh upgraded Intel stock to Buy after keeping it at Neutral for a bit more than two years.  ( 21 min )

Workers at hundreds of Starbucks stores have begun walking off their jobs during a key promotional event on Thursday, demanding improved staffing and schedules, the Workers United said on social media platform X. The walkout comes on the coffee chain's "Red Cup Day" event, during which Starbucks hands out free red-colored, reusable, holiday-themed cups to customers on their coffee purchases. The event has typically been a major driver of store traffic, with data from Placer.ai showing a spike in visits on "Red Cup Day" over the years.  ( 34 min )

The bank is facing a lawsuit claiming that it failed to detect an alleged Ponzi scheme.  ( 30 min )

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Macy’s (M) reported declining sales in its third quarter, but the department-store chain turned an unexpected profit as margins improved and costs came down. Shares rose 10% to $13.90 in recent premarket trading. They are down 39% this year as of Wednesda  ( 23 min )

Investors are starting to question the idea the Federal Reserve is poised to pivot away from interest-rate hikes, given Americans keep spending.  ( 35 min )

Alibaba's news that it won't spin off its cloud unit due to expanded U.S. export controls on chips is hurting shares.  ( 20 min )

Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have $30,000 set aside for their big day, which you plan to hand over in the form of a check. However, before you pass along that much cash, it’s important to understand the […] The post Do I Need to Worry About the Gift Tax If I Pay $30,000 Toward My Child's Wedding? appeared first on SmartReads by SmartAsset.  ( 36 min )

The retailer narrowly beats estimates on earnings and sales. It doesn't seem to be enough for investors, who came into the report with high expectations.  ( 27 min )

A lot has changed since the Chinese president's last visit to the U.S. in 2017.  ( 33 min )

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China's Alibaba Group Holding reported second-quarter revenue on Thursday that was in line with analysts' estimates as the country's retail sector recovers from the effects of pandemic-fueled lockdowns. The Chinese e-commerce giant posted revenue of 224.79 billion yuan ($31.01 billion) in the quarter, compared with analysts' average estimate of 224.32 billion yuan, according to LSEG data. ($1 = 7.2481 Chinese yuan renminbi)  ( 33 min )

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Investors are starting to question the idea the Federal Reserve is poised to pivot away from interest-rate hikes, given Americans keep spending.  ( 34 min )

Palo Alto Networks stock was dropping early Thursday as markets digested its unexpectedly weak billings.  ( 22 min )

Markets are in the green and stocks feel good again as the Fed takes its foot off the gas and inflation calms. But there's a lot of reason to be cautious.  ( 36 min )

Opportunity still remains at Cisco but investors needed to be patient, say analysts and wait for its integration of Splunk.  ( 21 min )

The billionaire has spent hundreds of millions of dollars buying and developing luxury property on the island, but now is in a bitter legal feud.  ( 28 min )

The Treasury’s flexibility has pleasantly surprised investors, spurring a bond rally this month.  ( 28 min )

MotorTrend's 2024 Car of the Year is a hybrid: the Toyota Prius. That's something for investors to think about.  ( 33 min )

(Bloomberg) -- Raising Cane’s Restaurants has grown to more than 750 locations worldwide, drawing lines when its flagship Times Square store opened in New York this summer.Most Read from BloombergBiden, Xi Declare Progress After Concluding Four-Hour SummitIsrael Latest: Biden Defends Hospital Raid, Says Hamas UnbowedTrudeau Faces Calls to Exit With His Party Trailing in PollsXi Says China Seeks to Be Friends With US, Won’t Fight ‘Hot War’SpaceX Weighs Spinning Off Starlink Via IPO as Soon as 202  ( 35 min )

The euro should rise in 2024 as the U.S. economy slows, ING said, adding that EUR/USD strength should become more apparent from the second quarter onwards and end the year at 1.15.  ( 27 min )

Western investors in Russian companies are bracing for a new presidential decree under consideration in Moscow which they fear could force them to sell their shareholdings to the Russian government at big discounts. The potential decree, which could give Russia a "super pre-emptive right" to buy shares in strategic companies from foreign shareholders, marks the latest blow to investors holding Russian assets that were worth several billions of dollars prior to February 2022. Russia has been trying to cut foreign ownership and influence over its biggest listed companies since President Vladimir Putin ordered troops into Ukraine, triggering sweeping Western sanctions.  ( 35 min )

(Bloomberg) -- Investors in Alibaba Group Holding Ltd. are showing little signs of optimism ahead of the Internet giant’s third-quarter results later today.Most Read from BloombergBiden, Xi Declare Progress After Concluding Four-Hour SummitIsrael Latest: Biden Defends Hospital Raid, Says Hamas UnbowedTrudeau Faces Calls to Exit With His Party Trailing in PollsSpaceX Weighs Spinning Off Starlink Via IPO as Soon as 2024Rolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThe stock slid immedi  ( 34 min )

Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Target, Intel, Tencent Music Entertainment Group , and a Buy initiation at Wayfair. Mizuho Securities upgraded Intel (NASDAQ:INTC) to Buy from Neutral and raised its price target to $50.00 from $37.00. The analysts cited several reasons for this upgrade.  ( 35 min )

Despite Eli Lilly's monster 66.8% gain on the year because of weight-loss drugs, the S&P 500 Pharmaceuticals index is down 2.3%.  ( 27 min )

(Bloomberg) -- Chinese stocks slid following a much-anticipated meeting between Presidents Joe Biden and Xi Jinping, as traders saw only modest progress in the strained ties and as fresh data renewed concern over the world’s second-largest economy. Most Read from BloombergBiden, Xi Declare Progress After Concluding Four-Hour SummitIsrael Latest: Biden Defends Hospital Raid, Says Hamas UnbowedTrudeau Faces Calls to Exit With His Party Trailing in PollsRolex, Patek Prices Hit Fresh Two-Year Lows:  ( 34 min )

In the constantly evolving tech industry, tech giant Microsoft (NASDAQ:MSFT) has found a way to stay relevant year after year. Microsoft is undoubtedly one of the best businesses in the world, and financial metrics prove this, but that doesn’t necessarily mean you should buy its stock. Near an all-time high, Microsoft’s valuation just doesn’t make sense. Therefore, we are neutral on the stock. The Numbers Point Toward an Amazing Business There are several ways one could analyze Microsoft stock a  ( 36 min )

Stocks that are under-earning and trading below historical averages may benefit if inflation continues to cool, according to Wolfe Research.  ( 23 min )

"All big rallies start with a golden cross, but not all golden crosses lead to a big rally," technical analyst Ari Wald of Oppenheimer has said.  ( 34 min )

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"In equities, we retain a defensive stance and are unwilling to chase the past two weeks' rally," JPMorgan's Marco Kolanovic wrote.  ( 35 min )

(Reuters) -Oil prices fell more than $3 a barrel on Thursday, extending losses from the previous session, as investors in New York responded to signals of higher supply in the United States and expectations of weak energy demand in China. Both benchmarks dropped by more than 1.5% in the previous session. "Clearly, the decline in crude oil prices and the weakening of the structure is an ominous sign; one that implies an oversupplied physical market," said Tamas Varga of oil broker PVM.  ( 34 min )

Investing.com-- Hong Kong-listed shares of Alibaba Group (HK:9988) (NYSE:BABA) fell on Thursday in anticipation of a quarterly earnings report which is expected to show whether the e-commerce giant weathered a downturn in China.  ( 35 min )

The S&P 500 advanced for a third-straight session as the index ticked 0.1% higher on Thursday, Nov. 16 2023, following a mix of analyst ratings upgrades and warnings about customer spending from several big firms.  ( 1 min )

Shares of online car sellers including Cars.com, CarMax, Carvana, and other online auto sellers tumbled on Thursday after Amazon announced the online retailer would sell cars starting in 2024.  ( 1 min )

While home builder sentiment hasn’t been this low since December 2022, interest rates could potentially fall and boost the housing market in the months ahead.  ( 1 min )

The recent rally for U.S. equities sputtered at midday on Thursday, Nov. 16, 2023 after several companies warned about customer spending.  ( 1 min )

Stock futures fell in premarket trading Thursday, putting the major indexes on track to retreat from their highest levels in months after disappointing earnings reports from Walmart and Cisco.  ( 1 min )

Last week, when Moody’s Investor Service said the U.S. government was at risk of losing its last gold-plated credit rating, markets met the news with a yawn. Here’s why.  ( 1 min )

Walmart reported an increase in its third-quarter sales after a jump in e-commerce sales and Cisco shares plunged after its quarterly guidance came up short as product orders slowed. Here’s what investors need to know today.  ( 1 min )

Thanksgiving dinner will cost less this year, compared to 2022. Investopedia analyzed data from the USDA to see how much turkey and other Thanksgiving staples will cost you this year. Thanksgiving dinner will cost less overall but some items are still slightly pricier than last year.  ( 18 min )

Unrecaptured section 1250 gain is an IRS tax provision where depreciation is recaptured when a gain is realized on the sale of depreciable real estate.  ( 24 min )

A growing number of student loan borrowers in dire financial straits are discharging their debts through bankruptcy—a feat that was nearly impossible until the administration of President Joe Biden changed the rules last year.  ( 19 min )

Schedule C accompanies IRS Form 1040 and is used to report income or loss from a business or profession practiced as a sole proprietor.  ( 24 min )

Officials at the Federal Reserve aren’t ready to do a victory lap in the wake of this week’s reports showing tamer price increases than expected—but they are acknowledging progress.  ( 19 min )

Shares of online car sellers including Cars.com, CarMax, Carvana, and other online auto sellers tumbled on Thursday after Amazon announced the online retailer would sell cars starting in 2024.  ( 17 min )

A domicile is a home acquired with the intent to remain indefinitely. Learn how your domicile impacts many legal issues, including the taxes you pay.  ( 25 min )

The S&P 500 advanced for a third-straight session as the index ticked 0.1% higher on Thursday, Nov. 16 2023, following a mix of analyst ratings upgrades and warnings about customer spending from several big firms.  ( 17 min )

Hyundai and Amazon have announced a partnership to sell vehicles online, with the automaker utilizing the AWS cloud.  ( 17 min )

A tax year is the 12-month calendar period covered by a taxpayer's annual tax return.  ( 25 min )

Macy's shares took off after the department store chain beat profit and sales estimates as it increased margins, cut costs, and reduced inventory.  ( 17 min )

A surcharge is a fee, charge, or tax added but may not be included in the stated price of a good or service.  ( 25 min )

Despite being the last of the Big Three U.S. automakers to reach a tentative agreement, GM workers were the first to ratify it.  ( 17 min )

You can use a $35,000 personal loan for almost anything, with a few exceptions. Learn what you can fund with a $35,000 and what is excluded.  ( 25 min )

Tax-exempt is to be free from, or not subject to, taxation by regulators or government entities. Discover more about what it means to be tax-exempt here.  ( 26 min )

Palo Alto Networks shares slumped after the cybersecurity firm’s billings and current quarter guidance missed estimates as customers changed their IT spending.  ( 17 min )

Rates on 30-year mortgages are moving wildly this week—first dropping almost a third of a point two days ago, but then reversing course yesterday with a big climb.  ( 19 min )

While home builder sentiment hasn’t been this low since December 2022, interest rates could potentially fall and boost the housing market in the months ahead.  ( 18 min )

Want to trade forex using bitcoin? Consider the risks and benefits before you hazard your hard-mined bitcoins in the currency markets.  ( 26 min )

A 1099-INT is the tax form used to report interest income to investors and the IRS.  ( 30 min )

A sharp increase in unemployment claims last week has raised the question: is it just a temporary blip, like an earlier uptick this summer, or the first chills of widespread layoffs?  ( 18 min )

Walmart (WMT)'s third-quarter earnings solidly topped analyst predictions as the company posted strong advertiser sales to third-party sellers on its marketplace, despite lackluster consumer spending and reduced grocery sales.  ( 17 min )

The recent rally for U.S. equities sputtered at midday on Thursday, Nov. 16, 2023 after several companies warned about customer spending.  ( 17 min )

Alibaba canceled its planned spinoff of its cloud computing arm, citing uncertainty following new U.S. export restrictions to China.  ( 17 min )

Cisco Systems reported a slowdown in new product orders and shares plummeted.  ( 18 min )

By investing at a younger age, you can harness the power of compounding—not penny-pinching—for profit.  ( 25 min )

A tax refund is a state or federal reimbursement to a taxpayer who overpaid the taxes that they owed for the year, often by having too much withheld from their paychecks.  ( 27 min )

The tax rules for stock options are complex. If you receive stock options, talk with your tax advisor to determine how these tax rules affect you.  ( 24 min )

Some gifts that a small business owner gives to their employees may be taxable, while others are not. Here's how to know the difference and understand record-keeping requirements and best practices.  ( 23 min )

The IRS can seize your tax refund to offset any of six categories of personal debt that you may have incurred but you may have options. Here's what you can do about it.  ( 24 min )

A 1099-B is the tax form that individuals receive from their brokers listing their gains and losses from transactions made throughout the tax year.  ( 28 min )

A tax holiday is a temporary tax reduction or elimination for consumers or businesses that is offered through a federal or state government incentive program.  ( 24 min )

Black Friday, the day after Thanksgiving, not only provides deals for shoppers but useful data for economists about the state of Americans' consumer confidence.  ( 26 min )

The Phillips curve is an economic theory that inflation and unemployment have a stable and inverse relationship.  ( 24 min )

Shrinkflation is a form of inflation, most common in food and beverage, that consists of reducing a product's size while maintaining its retail price.  ( 27 min )

Deflation is the decline in prices for goods and services that happens when the inflation rate dips below 0%.  ( 26 min )

Here are the best online brokerage accounts and trading platforms with low costs and fees plus the best trading experience, mobile apps, and more.  ( 36 min )

Learn how the tax laws apply to the proceeds earned from the sale of a home.  ( 30 min )

Last week, when Moody’s Investor Service said the U.S. government was at risk of losing its last gold-plated credit rating, markets met the news with a yawn. Here’s why.  ( 19 min )

Interest rates are based on supply and demand. They also vary based on the terms of the loan provider and the amount of time for repayment.  ( 22 min )

The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.  ( 33 min )

Ring-fencing is a way of creating a virtual barrier that segregates part of an individual's or company's financial assets from the rest.  ( 21 min )

Walmart reported an increase in its third-quarter sales after a jump in e-commerce sales and Cisco shares plunged after its quarterly guidance came up short as product orders slowed. Here’s what investors need to know today.  ( 18 min )

A genuine progress indicator (GPI) is a metric that measures the economic growth of a country. It is an alternative to gross domestic product (GDP).  ( 27 min )

Annualized income is an estimate of the amount of money that an individual, business, or investment asset will earn over the course of a year.  ( 23 min )

Winkeliers zien al zes kwartalen op rij minder producten over de toonbank gaan. Vooral kleding en schoenen worden minder gekocht. Alleen door prijsverhogingen weten ze hun omzetten nog te laten stijgen. Ondertussen loopt het aantal winkelsluitingen op.  ( 9 min )

Terwijl LEGO-blokjes tijdens de coronapandemie niet aan te slepen waren, worden de steentjes tegenwoordig steeds vaker van de hand gedaan via verkoopsites voor tweedehands spullen. Op veilingsite Catawiki zijn er nog wel LEGO-fans te vinden.  ( 9 min )

De storing in het inchecksysteem voor ov-fietsen is verholpen. Door de storing was het donderdag een groot deel van de dag niet mogelijk om de fietsen te huren. De problemen zijn rond 14.30 uur verholpen.  ( 9 min )

The Guardian heeft een ruim twintig jaar oude brief van Osama Bin Laden van zijn website gehaald. De tekst, waarin Bin Laden uitlegt dat zijn oorlog tegen de Verenigde Staten deels door hun steun aan Israël komt, werd de afgelopen dagen ineens veel gedeeld op TikTok.  ( 10 min )

Een Utrechtse bakker die claimt de uitvinder van de crompouce te zijn, maakt weinig kans in een juridische strijd tegen na-apers van de kruising tussen een croissant en tompouce. De crompouce is als merk niet onderscheidend genoeg, stellen juristen.  ( 10 min )

Automobilisten merken dat brandstofprijzen dalen en rijden opgelucht weg na het tanken. De prijs van een liter benzine is gezakt naar het laagste niveau sinds half juli, vlak nadat de accijnzen waren verhoogd. Ook diesel wordt steeds goedkoper.  ( 9 min )

Het Duitse bedrijf HelloFresh werd donderdag ruim een vijfde minder waard op de beurs in Frankfurt. Het is het grootste koersverlies voor de bezorger van maaltijdboxen sinds de beursgang in 2017.  ( 9 min )

Twee pensioenfondsen investeren de komende tijd samen 400 miljoen euro in de bouw van vijftienhonderd huurwoningen. Het moeten betaalbare huizen worden met een huur van tussen de 650 en 960 euro per maand.  ( 8 min )